CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Removing barriers or restrictions set by the government is known as.

A
Globalisation
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Privatisation
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Liberalisation
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
Fair trade practice
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is B Liberalisation
The removing barriers or restrictions set by the government is called liberalization.
Liberalization occurs when something which used to be banned is no longer banned, or when government regulations are relaxed.
Mainly it lifts restrictions on some private individual activities.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
LPG Reforms
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon