Liberalisation, Privatisation and Globalisation Policies
Economics ⇒ Government and the Economy
Liberalisation, Privatisation and Globalisation Policies starts at 11 and continues till grade 12.
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Describe any one positive impact of Liberalisation on the Indian economy.
Describe any one way in which Privatisation can benefit consumers.
Explain any one negative impact of Globalisation on Indian industry.
Explain any one way in which Globalisation has influenced Indian culture.
Explain any two objectives of Liberalisation in India.
Explain the impact of Liberalisation on the Indian banking sector.
Explain the term 'Disinvestment' in the context of Privatisation.
Explain the term 'FDI' and its significance in the context of Globalisation.
Which of the following is a challenge of Globalisation for developing countries like India? (1) Access to new technology, (2) Increased competition for domestic industries, (3) Greater market access, (4) More foreign investment
Which of the following is a direct result of Globalisation? (1) Increase in import tariffs, (2) Greater international trade, (3) More government regulations, (4) Nationalisation of industries
Which of the following is a feature of Globalisation? (1) Restriction on foreign trade, (2) Free flow of capital, (3) Government monopoly, (4) High import tariffs
Which of the following is a reason for the introduction of Liberalisation in India? (1) Balance of payments crisis, (2) Surplus foreign exchange reserves, (3) High economic growth, (4) Low inflation
Fill in the blank: The New Economic Policy of 1991 was introduced to overcome the ______ crisis in India.
Fill in the blank: The policy of allowing private and foreign players to invest in the Indian economy is called ______.
Fill in the blank: The process of integrating the domestic economy with the world economy is called ______.
Fill in the blank: The process of reducing government interference in business and industry is called ______.
State whether the following statement is True or False: Disinvestment is a part of Privatisation.
State whether the following statement is True or False: Globalisation has only positive effects on the Indian economy.
State whether the following statement is True or False: Liberalisation led to the abolition of the Industrial Licensing system in India.
True or False: Globalisation has led to increased foreign investment in India.
