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Question

Liberalisation means _________.


A

Integrating among economics

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B

Policy of planned disinvestment

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C

End of license and reduction of government control

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D

None of these

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Solution

The correct option is C

End of license and reduction of government control


Answer (c) End of license & reduction of government control

Explanation: Liberalisation is concerned with the reduction of limitations, trade restrictions, and government laws in an economy, in return for more prominent interest by private businesses. In politics, regulation is related to old-style radicalism and neoliberalism.


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