Question

wer any two Questions.

1) What is NITI Aayog? Explain its obiectives.

2) Explain the new industrial Policy.

3) Explain the Role of FDI and MNC’s in Industrial Development.

4) Differentiate between Privatization and Globalization​

Answer 1

4) Privatization means transfer of ownership of public sector from government to the private sector. It helps to remove managerial inefficiency of public sector.

Globalization is a process of integration of an economy with the economies of the world. It increases interdependence between different countries.

2) With the new industrial policy, the Indian Government intented to integrate the country economy with the world economy, improving the efficiency and productivity of the public sector.

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