Which of the following is not a part of India’s policy of economic liberalisation ?
Increasing the minimum limit for taxable income is a personal income-tax measure rather than a measure of economic liberalisation. Privatisation and relaxing restrictions on…
Choose your answer
Which of the following is not a part of India’s policy of economic liberalisation ?
Answer and explanation
Correct answer D
Increasing the minimum limit for taxable income is a personal income-tax measure rather than a measure of economic liberalisation. Privatisation and relaxing restrictions on foreign direct investment open economic activity to private and foreign participation.
Practice for these exams
-
Maharashtra and Goa SET (MH SET)