Question : Fill in the blanks- Under new economic policy, free flow of information and technology free flow of capital flow across nations is a part of ____.
Option 1: Liberalisation
Option 2: Privatization
Option 3: Globalization
Option 4: All of the above
Correct Answer: Globalization
Solution : Globalisation means integrated the various economies of the word leading towards the emergence of a well integrated global economy. Free flow of information and technology free flow of capital flow across nations is a part of globalisation. Hence Option C is correct.
Question : Fill in the blanks- Under new economic policy, disinvestment is a part of ____. Freedom in fixing price of goods and services is a part of _____.
Option 1: Liberalisation, privatization
Option 2: Privatization, liberalisation
Option 3: Liberalisation, globalization
Option 4: Globalization, privatization
Question : Fill in the blanks- Under new economic policy, removal of restrictions on the expansion of business activities and reduction in the tax rate is a part of _____________________.
Option 4: All of the above.
Question : Fill in the blanks- ____________________= Capital expenditure - Capital receipts.
Option 1: Capital deficit
Option 2: Budgetary deficit
Option 3: Revenue deficit
Option 4: None of the above.
Question : The New Economic Policy of 1991 focused on liberalization, privatization, and:
Option 1: Localization
Option 2: Protectionism
Option 4: Nationalization
Question : Fill in the blanks- Directly producing goods and services is a part of ________.
Option 1: Reallocation of resource
Option 2: Reducing income inequalities
Option 3: Economic stability
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