Economics · Economic Reforms

The major criticism of the public sector strategy in the pre-liberalisation period was _____.

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1inefficiency due to lack of competition and accountability✓
2over-dependence on MNCs
3neglect of industrial development
4encouragement of monopolistic competition

Correct answer

inefficiency due to lack of competition and accountability

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The major criticism of the public sector strategy in the pre-liberalisation period was _____.

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