CHAPTER 2 - IED

Which or the following refers to relaxation of previous government restrictions?

• Privatisation

• Globalisation

• Disinvestment

• Liberalisation

WTO was established in the year of .......................

• 1995

• 1948

• 1996

• 2001

..................... means integrating the domestic economy with the world economy.

• Liberalisation

• Privatisation

• Globalisation

• All of these

Trade between two countries is known as

• Multi-lateral Trade

• Bilateral Trade

• Unilateral Trade

• All of these

Which of the following is not a policy initiated under New Economic Policy ?

• Globalisation

• Privatisation

• Liberalisation

• Pricing

When was New Economic Policy announced ?

• June 1991

• January 1991

• July 1991

• November 1991

..................... refers to disposal of equity of public sector units in the market.

• Globalisation

• Privatisation

• Liberalisation

• Disinvestment

.................... refers to the transfer of assets or services function from public to private ownership.

• Globalisation

• Liberalisation

• Privatisation

• Disinvestment

WTO stands for

• World Tariff Organisation

• World Trade Organisation

• World Teachers Organisation

• World Transport Organisation

Outsourcing is good for India because

• It provides employment to large number of unemployed

• It provides excellence in a particular field

• Both 1 and 2

• Neither 1 Nor 2