Economics · Economic Reforms
Which of the following statements best defines economic liberalization?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1The process of enforcing strict s tate ownership over all major economic activities.
- 2The process of increasing government regulations and restrictions on economic activiti es.
- 3The process of reducing or removing government regulations and restrictions on economic activities.✓
- 4The process of maintaining existing government regulations and restrictions on economic activities.
Correct answer
The process of reducing or removing government regulations and restrictions on economic activities.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Economic Reforms MCQs →Want more practice questions on Economic Reforms?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Economic Reforms