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Business Studies

Economic Environment in India

Globalisation...

Question

Globalisation is the term used to describe the process of removal of the restriction on?

A

Foreign Trade

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B

Investment

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C

Both (A) and (B)

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D

None of the above

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Solution

The correct option is C
Both (A) and (B)

Globalisation is the term used to describe the process of removal of the restriction on foreign trade and investment .

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Q. Globalization is the term used to describe process of removal of restriction on which one the following?

Q. Globalization is a term used to describe the process of removal of restrictions on which of the following?

Q. Assertion (A): During liberalisation, exports of textiles, home furnishings, and leather products to foreign markets increased significantly.

Reason (R): During liberalisation, the government gradually removed the restrictions on foreign trade and welcomed private investments.

Q. How has liberalisation of trade and investment policies helped the globalisation process?

Q. The latest industrial policy reforms have reduced the industrial licensing requirements, removed restrictions on investment and expansion, and facilitated easy access to foreign technology and foreign direct investment.

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