Question:medium

Choose the correct option to fill the blank.
Removing barriers or restrictions on business and trade set by the government is called as _____.

Updated On: Jan 13, 2026
  • Disinvestment
  • Special Economic Zones
  • Liberalisation
  • Foreign Direct Investment
Show Solution

The Correct Option is C

Solution and Explanation

Liberalization involves removing government-imposed restrictions on business and trade. This policy promotes private enterprise, attracts foreign investment, and fosters economic expansion.
- Disinvestment: The sale of government-owned businesses to private companies.
- Special Economic Zones: Areas with specific economic rules.
- Foreign Direct Investment (FDI): Investment by foreign companies in local businesses.

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