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Question

As a result of Economic Reforms, Re-structuring, Mergers & Acquisitions of Companies, Business Process Re-engineering, processes have been ___________.

A
Simplified
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B
Made more procedural
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C
Subject to Central Government approval in all situations
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D
None of the above
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Solution

The correct option is A Simplified
As a result of Economic Reforms, Re-structuring, Mergers & Acquisitions of Companies, Business Process Re-engineering, processes have been simplified.
Economic reforms are taken by the Indian government, which emphasized LPG model- liberalization, privatization and globalization.
Positive impact of Economic Reforms on the Indian Economy are :-a)Improvement in work culture
b) Increase in quality and cost consciousness
c)Increase in Value-Added Exports.

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