Question 23 of 26
Q.________ means permitting the private sector to set up industries which were previously reserved for public sector.
(a) Globalisation
(b) Liberalisation
(c) Public Enterprise
(d) Privatisation
Tamil Nadu DgeTamil Nadu HSC (DGE) Commerce Board 2026MCQ· 1mImportance★★★★★
88% · 23/26 Questions
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Start your 14-day free trial to unlock the full solution →Permitting the private sector into areas reserved for the public sector is Privatisation — option (d).
Privatisation refers to reducing the role of the public sector and giving greater freedom to private enterprise. One important form of it is opening up industries that were previously reserved only for the public sector so that private firms may also set them up.
- Liberalisation broadly means removing controls and restrictions on business.
- Globalisation means integrating the economy with the world. …
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