Question

What Is the Aim of Liberalisation?

Answer 1

Liberalisation aims at putting an end to the restrictions that can be detrimental to the growth and development of the country. Relaxing the rules, regulations and restrictions of the government in a nation allows private companies to work independently and help in the development of the economy by providing a source of employment for people of the nation.

Also see:

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