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What is economic liberalization?

AGovernment control over economy

BFree market economy

CMixed economy

DCommmand economy

Answer:

B. Free market economy

Read Explanation:

  • Economic liberalization is Free market economy.


Related Questions:

Which sector of the economy was impacted by reforms like the reduction of subsidies after 1991?
ഇന്ത്യയിൽ 1991 മുതൽ നടപ്പാക്കിയ സാമ്പത്തിക പരിഷ്കാരങ്ങളിൽ പെടാത്തത് ഏത്?
Which of the following statements correctly describes the process of privatisation?
ഇന്ത്യയില്‍ പുത്തൻ സാമ്പത്തിക നയം നടപ്പിലാക്കിയ വര്‍ഷം?

In which of the following Industrial policies were the major changes introduced ?

  • Liberalisation of licensed capacity.
  • Relaxation of industrial licensing.
  • Industrialisation of backward areas.

Select the correct answer using the codes given below