Question

the liberalized economic policy of the Indian government lifted many restrictions on:
1. Industries and foreign trade
2. Horticulture
3. Entertainment
4. Immigration

Answer 1

industries and forgein trade

Answer 2

Option 1, Industries and foreign trade, is the right answer.

Liberalization is a method through which a nation lifts limitations on some separate individual ventures. This process of liberalization occurs when anything which used to be prevented is no longer banned, or when state laws are relaxed. Economic liberalization refers to the decrease or removal of state controls or restraints on individual industry and trade.