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Liberalisation mean

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Liberalisation mean

Posted by Gayatri Singh 6 years, 3 months ago

CBSE > Class 12 > Business Studies

2 answers

Prakhar Soni 6 years, 3 months ago

Liberalisation refers to removal of barears and restrictions which are imposed on import or export of goods for example ,licences and quotas

Yogita Ingle 6 years, 3 months ago

Liberalisation means removing all unnecessary control and restrictions like permits licences, protectionist duties quotas etc. In other words, It may defined as loosening of govt. regulation in a country to allow for private sector companies to operate business transactions with fewer restrictions.

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