Chapter 20 : Liberalization, Privatization and GlobalizationMay 25, 2024 Maven Leave a Comment Welcome to the Chapter 20 : Liberalization, Privatization and Globalization Quiz! This quiz is based on the book back questions. Name Email 1. __________ is the result of New Industrial Policy which abolished the 'License System'. Globalisation Privatisation Liberalisation None of these None 2. New Economic Policy was introduced in the year _______. 1980 1991 2013 2015 None 3. __________ results from the removal of barriers between national economies to encourage the flow of goods, services, capital, and labour. Privatisation Liberalisation Globalisation Foreign Trade None 4. ____________ ownership makes bold management decisions due to their strong foundation on the international level. Private Public Corporate MNC's None 5. ___________ means permitting the private sector to set up industries which were previously reserved for the public sector. Liberalisation Privatisation Globalisation Public Enterprise None Time's upRelated Posts:Chapter 4: Cost and Revenue AnalysisChapter 5: Market Structure and PricingChapter 8: Indian Economy Before and After IndependenceChapter 3: Theories of Employment and Income
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