Liberalisation, Privatisation And Globalisation : An Appraisal

Liberalisation, Privatisation And Globalisation : An Appraisal

Question

Wired Faculty App

What does foreign direct investinent mean?

Solution

It refers to investment directly undertaken by the foreign companies and nationals in various sectors of the economy.

Question

Wired Faculty App

What does fiscal deficit indicate?

Solution

It indicates the borrowing requirements of the government.

Question

Wired Faculty App

How did the government promote exports before 1991?

Solution

Tax concessions and subsidies to exporters.

Question

Wired Faculty App

When was new economic policy adopted?

Solution

The new economic policy was adopted in 1991.