Putting an end to restrictions and opening sectors of the economy is called:
APrivatisation
BGlobalisation
CNationalisation
DLiberalisation
Answer & Solution
Correct answer: D. Liberalisation
1. Old rules had become hindrances.
2. Sectors were opened up.
3. That is liberalisation.
_Source: syllabus Economics, Indian Economic Development, Chapter 3, Liberalisation, Privatisation and Globalisation._
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