Which of the following are part of liberalisation policy of the government 1 De reservation of secto...........

Economic Affairs Small Scale Industries

Download Solution PDF

Which of the following are part of liberalisation policy of the government?

1. De-reservation of sectors which were reserved for small scale industry.

2. De-licensing

3. Disinvestment

4. Easing quantitative restrictions on imports

5. Allowing establishment of private sector banks, both Indian as well as foreign.

Select the correct answer using the code given below.

1 and 5 only

2, 3 and 4 only

1, 2, 4 and 5 only

1, 2, 3, 4 and 5

छोटे Courses बड़े Results

Master Small Scale Industries

Prepare through Micro-courses

Try Now

Explanation:

Liberalisation includes:
o De-licensing
o De-reservation of sectors which were reserved for small scale industry.
o Allowing establishment of private sector banks, both Indian as well as foreign
o Market determined exchange rate
o Easing quantitative restrictions on imports.
o Abolishing import licensing.
Whereas disinvestment comes under Privatisation.