Question

5.
reduced the role of the state
and public sector in business.
a) Privatisation
b) Globalisation
c) Liberalisation d) Modernisation​

Answer 1

Answer:

modernisation reduced the role of state and published sector in bussiness

Answer 2

Answer:

a

Explanation:

The industrial policy of 1991 brought several changes, and the role of public sector was changed along with that. A group of industries was reserved for the public sector, which later got reduced. ... The basic infrastructure and core industrial base have been established with the help of public sectors.