Question : Name the term/process which means integrating the economy with the rest of the world?
Option 1: Liberalisation
Option 2: Privatisation
Option 3: Globalisation
Option 4: None of the above

Question

Question : Name the term/process which means integrating the economy with the rest of the world?

Option 1: Liberalisation

Option 2: Privatisation

Option 3: Globalisation

Option 4: None of the above

Team Careers360 · Accepted Answer

Correct Answer: Globalisation

Solution : Globalisation refers to integration of activities of whole world i.e. encourage foreign private participation in industrial development.
Hence, option 3 is the correct answer.

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Question : Name the term/process which means integrating the economy with the rest of the world?Option 1: Liberalisation Option 2: Privatisation Option 3: Globalisation Option 4: None of the above

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Question : Name the term/process which means integrating the economy with the rest of the world?
Option 1: Liberalisation
Option 2: Privatisation
Option 3: Globalisation
Option 4: None of the above

Question : Fill in the blanks-
________ means Integrating the national economy with the world economy.

Option 1: Liberalisation

Option 2: Privatisation

Option 3: Globalisation

Option 4: None of the above.

Question : Export promotion is concerned with:-
Option 1: Privatisation
Option 2: Globalisation
Option 3: Liberalisation
Option 4: None of the above

Question : Which of the following deals with the process of simplification of import - export?
Option 1: Liberalisation
Option 2: Privatisation
Option 3: Globalisation
Option 4: None of the above

Question : Name the process under which reduction in tax rates and lifting of unnecessary control over the economy was undertaken?
Option 1: Globalisation
Option 2: Liberalisation
Option 3: Privatisation
Option 4: All of the above

Question : Fill in the blanks-
_________ means removal of entry and growth restrictions on the private sector.

Option 1: Liberalisation

Option 2: Privatisation

Option 3: Globalisation

Option 4: None of the above.