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Economy Previously Asked Questions: Liberalisation, Privatisation and Globalisation
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Economy Previously Asked Questions: Liberalisation, Privatisation and Globalisation
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12 Questions

1. Why companies go for business process re-engineering with the help of technology?
2. The first phase of liberalisation was initiated in India under the regime of
3. Who is called the pioneer of liberalisation of Indian Economy?
4. Promotion given to Multinational companies in India means encouragement of
5. Free trade zone is one
6. Globalisation does not include
7. The first Export Processing Zone of the Private Sector was established at
8. Which of the following is not part of the 'Second-generation of Reforms' identified by the government?
9. Free Trade Policy refers to a policy where there is
10. Read the following statements carefully
1. In 1991, policy of Economic liberalisation was adopted in India.
2. Foreign currency market and foreign investment sectors were promoted.
3. Import of foreign goods was freed from prohibition. Select the answer on the basis of following codes.
11. Rangrajan committee was constituted for
12. Assertion (A): Many industries in India have obtained ISO 9001 and ISO 9002 certification in the recent past. Reason (R): There has been considerable liberalisation in the licensing policy of the Government of India. In the context of the above given statements, select the correct answer from the codes given below. Code

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