alleryThe 1991 New Economic Policy of India is associated with the three processes of:
Aliberalisation, privatisation and globalisation
Bnationalisation, taxation and tariffs
Cdemonetisation, audit and licensing
Dcentralisation, planning and control
Answer & Solution
Correct answer: A. liberalisation, privatisation and globalisation
The 1991 reforms brought liberalisation, privatisation and globalisation (LPG).
Keep practising Principles & Functions of Management
Browse all Principles & Functions of Management questions for AP Intermediate 2nd Year, or explore more Business Studies topics.
Related questions
Order the organising processMatch Fayol's principleThe systematic delegation of authority throughout all levels of an organisation is:Planning is regarded as the ___ function of management because every other function followTap what organising givesMatch the organising termComplete the planning definitionGiving a greater role to the private sector and reducing that of the public sector is call