Question : What is L.P.G. in context of business environment?
Option 1: Liberalisation
Option 2: Privatisation
Option 3: Globalisation
Option 4: All of them
Correct Answer: All of them
Solution : In business environment L.P.G. stands for:- 1. Liberalisation 2. Privatisation 3. Globalisation Hence, option 4 is correct answer.
Question : Export promotion is concerned with:-
Option 1: Privatisation
Option 2: Globalisation
Option 3: Liberalisation
Option 4: None of the above
Question : Advance understanding of business environment will help in:
Option 1: Planning and policy formation
Option 3: Developing new principle of management
Option 4: Liberalisation
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 : Which of the following deals with the process of simplification of import - export?
Question : Reducing the role of public sector and increasing the role of private sector fall under-
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