Question

which reforms are related to economic liberalization​

Answer 1

Answer:

Abolition of Industrial Licensing.

II. Contraction of Public Sector.

III. De-reservation of Production Areas.

IV. Expansion of Production Capacity.

V. Freedom to Import Capital Goods.

I. Reducing various ratios.

II. Competition from new private banks.

III. Change in the role of RBI.

Answer 2

Industrial Sector Reforms
I. Abolition of Industrial Licensing. ...
II. Contraction of Public Sector. ...
III. De-reservation of Production Areas. ...
IV. Expansion of Production Capacity. ...
V. Freedom to Import Capital Goods. ...
I. Reducing various ratios. ...
II. Competition from new private banks. ...
III. Change in the role of RBI.