Privatization: Restructuring the Role of the Government
Description: This quiz is designed to assess your understanding of the concept of privatization and its implications on the role of the government. | |
Number of Questions: 15 | |
Created by: Aliensbrain Bot | |
Tags: privatization economic reforms government role |
What is the primary objective of privatization?
Which sector was the first to undergo privatization in India?
What is the term used to describe the process of transferring government-owned assets to the private sector?
What are the potential benefits of privatization?
What are the potential drawbacks of privatization?
Which government body is responsible for overseeing privatization in India?
What is the term used to describe the process of transferring government-owned industries to the private sector through the sale of shares?
Which industry was the first to undergo disinvestment in India?
What is the term used to describe the process of reducing government regulations and restrictions on businesses?
What are the potential benefits of deregulation?
What are the potential drawbacks of deregulation?
Which government body is responsible for overseeing deregulation in India?
What is the term used to describe the process of opening up an economy to foreign trade and investment?
What are the potential benefits of liberalization?
What are the potential drawbacks of liberalization?