Outright sale of part of shares of Public Sector Undertakings (PSUs)
Increased integration with the rest of the world
Removal of restrictions imposed by government on different sectors of the economy
Focus on import substitution
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The Correct Option isC
Solution and Explanation
Economic liberalization involves diminishing or abolishing governmental controls and limitations across various economic sectors. The objective is to stimulate economic expansion by increasing private sector involvement and cultivating competition. This process is characterized by the dismantling of governmental constraints on diverse economic areas.
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