CameraIcon

SearchIcon

MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Industrial Liberalisation

The governmen...

Question

The government decides to sell 100% of Indian Oil Corporation to Reliance Industries. The nature of this policy is.

A

liberalisation

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

globalisation

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

privatisation

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

D

free trade

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C privatisation
This is an example of disinvestment, thus it is a privatisation reform.

Suggest Corrections

thumbs-up

0

Similar questions

Q. National Small Industries Development Corporation helps small-scale industries with the sale of their goods to the government.

Q. Indian Government announced a new Industrial Policy for India in ___________.

Q. Which state government had signed a pact with Indian Oil Corporation (IOC) to set up biogas and bio-CNG plants? [Jan 2018]

Q. Oil and Natural Gas Corporation, Indian Oil Corporation, Steel Authority of India, and Bharat Heavy Electrical are all examples of ______________.

Q. The Government of Kerala decides to allocate its land for different purpose like agriculture, settlements, industries etc. Select from the list below, the name of this process.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

LPG Reforms

ECONOMICS

Watch in App

explore_more_icon

Explore more

Industrial Liberalisation

Standard XII Economics

Join BYJU'S Learning Program

CrossIcon