Class XII- LIBERALISATION, PRIVATISATION AND GLOBALISATION

Class XII- LIBERALISATION, PRIVATISATION AND GLOBALISATION

12th Grade

15 Qs

quiz-placeholder

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Class XII- LIBERALISATION, PRIVATISATION AND GLOBALISATION

Class XII- LIBERALISATION, PRIVATISATION AND GLOBALISATION

Assessment

Quiz

Other

12th Grade

Practice Problem

Medium

Created by

JOSEPH K. A.

Used 573+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When was the New Economic Policy announced?

June 1991

May 1991

July 1991

January 1991

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

WTO stands for....

World Tariff Organisation

World Trade Organisation

World Transport Organisation

Wallet Transaction Operation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

WTO was established in the year..

1991

1993

1995

1999

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Integrating the domestic economy with the world economy is called....

Universalisation

Liberalisation

Privatisation

Globalisation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

Disinvestment

Privatisation

Liberalisation

Globalisation

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

......................refers to contracting out some of the activities of the organisation to a third party which were previously performed by itself.

Outsourcing

Globalisation

Privatisation

FDI

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following was initiated by the Government under Liberalisation?

Denationalisation

Decentralisation

Demonetisation

Dereservation of industries

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