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Question

Which is not the aim of Liberalisation and Globalisation?

A
More production at all levels
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B
Increase in the trade of goods and services
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C
Generating more employment opportunities
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D
Increase in the subsidies to the poor and deprived sections of society
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Solution

The correct option is D Increase in the subsidies to the poor and deprived sections of society
More production at all levels as raw materials can be obtained from any part of the world.
Globalisation means selling of goods in any part of the world. Many companies are opening their offices around the world because of which they ae earning more profits.
MNC's are generating more employment opportunities for people.


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