Some examples of sustainability are: Crop rotation that helps preserve the fertility of the soil. Use of renewable energy like solar and wind... View Article
Sustainable habits are those habits that help us to live a better life and also protect the environment. Following are some of the sustainable... View Article
Sustainable development can be achieved through the following ways: Improvement in human capacity is needed through better education and... View Article
The liberalization of the Indian economy was due to the balance of payment crisis that weakened the Indian economy in the early 90s. Also see:... View Article
The guiding principles of WTO are: Pursuit of open borders The guarantee of the most favoured nation principle (MFNP) Non-discriminatory... View Article
WTO is controlled by its member governments. The major decisions of the WTO are taken jointly by all the members. Also see: Objectives of WTO... View Article
LPG is referred to as a new model of economic reforms under the New Economic Policy that was intended to establish India as a fast growing... View Article
LPG stands for Liberalisation, Privatisation and Globalisation. The primary objective of this model was to establish India as a fast growing... View Article
The following were the steps taken by the government for the liberalisation of the economy Abolishing of license raj Reducing interest rates... View Article
The impact of LPG (Liberalisation, Privatisation and Globalisation) on business is as follows: Increase in foreign direct investment Growth... View Article
Liberalisation refers to the process of eliminating unnecessary controls and restrictions for the smooth functioning of trade and business.... View Article
Liberalisation helps in the growth of globalisation by relaxing the rules and regulations for performing trade between countries. It allows more... View Article
Liberalisation refers to the process of eliminating unnecessary controls and restrictions for the smooth functioning of trade and business... View Article
Impact of liberalisation are as follows: It will increase the growth of the nation in the short term It leads to increase in imports It... View Article
Liberalisation is regarded as one of the beneficial and productive processes for the developing economies. Also see: MCQs on Liberalisation... View Article
The following are the aims of WTO: (1) For setting and enforcing rules for international trade (2) Providing a forum for negotiating and... View Article
The full form of WTO is the World Trade Organization. It is the global body that sets rules for trade between member nations. It’s main... View Article