Download App

Liberalisation, Privatisation And Globalisation — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsLiberalisation, Privatisation And Globalisation3 Marks
Question
What were the objectives behind Trade and Investment Policy reforms?
✓

Answer

Trade and investment policy reforms were initiated to:
  1. Increase international competitiveness of industrial production.
  2. Attracting foreign investment and technology into the economy.
  3. Dismantling of quantitative restrictions on imports and exports.
  4. Reduction of tariff rates.
  5. Removal of licensing procedures for imports.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "3 Marks Question" from Liberalisation, Privatisation And Globalisation→Liberalisation, Privatisation And Globalisation — all question types→Economics STD 12 Humanities & Commerce question papers→Rajasthan Board STD 12 Humanities & Commerce question papers→Rajasthan Board question paper generator→

Similar questions

Why is it necessary to generate more employment in the formal sector?
→
How will Goods and Services Tax (GST) be a comprehensive indirect tax? Explain.
→
What was the impact of reforms on growth and employment in India?
→
What is the significance of private sector in health care system in India?
→
Review the importance and present position of the energy sector in the Indian economy.
→
What problems were created by the partition of the country?
→
Why are children not included in working population?
→
What were the main causes of slow growth of population during British rule?
→
Explain primary and secondary sources of energy.
→
Which are the important mineral reserves in India?
→