Question

What Are the Objectives of Liberalisation?

Answer 1

The objectives of liberalisation are:

1. To increase foreign investment, competitiveness in industrial production, and technological advancements.
2. To bring about modernisation and change the financial status of the economy.
3. To make Indian produced goods more competitive in the international market.
4. To reduce the debt load of the economy.

Also see:

• MCQs on Liberalisation
• MCQs on Globalisation
• Advantages of Globalisation
• Objectives of Privatisation

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