10 Views

Question : Case Study 9:

PQR Enterprises is a manufacturing company that has been impacted by a government policy change promoting liberalization, privatization, and globalization.

Q:- What does the term "liberalization" refer to?
 

 

 

 

Option 1: The process of reducing government intervention in the economy

Option 2: The process of nationalizing private companies

Option 3: The process of protecting domestic industries from foreign competition

 

Option 4: The process of promoting import restrictions


Team Careers360 6th Jan, 2024
Answer (1)
Team Careers360 10th Jan, 2024

Correct Answer: The process of reducing government intervention in the economy


Solution : The correct answer is (A) The process of reducing government intervention in the economy

The term "liberalization" refers to the process of reducing government intervention in the economy. It often involves reducing trade barriers, deregulating industries, and allowing more market-driven economic activities. Liberalization is typically associated with policies aimed at increasing economic openness and competition.

Related Questions

Amity University-Noida B.Tech...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
KIET MBA Admissions 2026
Apply
Affiliated to AKTU | Approved by AICTE | Accredited by NAAC A+ | Rs. 48.89 LPA Highest CTC | Microsoft, Samsung, Infosys, Adobe, Amazon | NIRF-2023...
VIT - VITEEE 2026
Apply
National level exam conducted by VIT University, Vellore | Ranked #16 by NIRF for Engg. | NAAC A++ Accredited
Great Lakes Institute of Mana...
Apply
Globally Recognized by AACSB (US) & AMBA (UK) | 17.8 LPA Avg. CTC for PGPM 2025
IBSAT 2025-ICFAI Business Sch...
Apply
IBSAT 2025-Your gateway to MBA/PGPM @ IBS Hyderabad and 8 other IBS campuses | Scholarships worth 10 CR
Amity University-Noida M.Tech...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books