What is liberalisation ? Describe any four effects of liberaliaaton on – InterviewSolution

1.	What is liberalisation ? Describe any four effects of liberaliaaton on theindian economy?
Answer» g barriers or RESTRICTIONS set by the government is known as LIBERALISATION. Effects of liberalisation on the Indian economy : (a) Barriers to foreign trade and foreign investment were partially REMOVED. (b) Goods could be imported and exported easily. (c) Foreign companies could Set-up factories and offices here. (d) Indian producers got opportunities to compete with producers around the globe.hope it HELPS you

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