CUET Preparation Today
Liberalisation means which of the following? |
Integration among economies Reduced government controls and restrictions Policy of planned disinvestments None of them |
Reduced government controls and restrictions |
The Government of India announced a new industrial policy in July 1991 which sought to liberate the industry from the shackles of the licensing system (liberalisation), drastically reduce the role of the public sector (privatisation) and encourage foreign private participation in industrial development (globalisation). |
