Question

Match List-I with List-II.

List-I	List-II
A. Liberalisation	I. Selling government share to private sector
B. Privatisation	II. Reducing entry barriers and control
C. Disinvestment	III. Transfer of ownership to private hands
D. Globalisation	IV. Opening up to foreign investment

• A. A-IV, B-III, C-II, D-I
• B. A-I, B-II, C-III, D-IV
• C. A-II, B-III, C-IV, D-I
• D. A-II, B-III, C-I, D-IV

Hint:

Liberalisation reduces controls, privatisation transfers ownership to private hands, disinvestment sells government shares, and globalisation opens the economy to the world.

Answer 1

The Correct Option is D

Concept: Liberalisation, privatisation and globalisation were major reforms introduced in India after 1991 to make the economy more open, competitive and market-oriented.

Step 1: Match Liberalisation.
Liberalisation means reducing restrictions, entry barriers, licensing and government controls. \[ A \rightarrow II \]

Step 2: Match Privatisation.
Privatisation means transfer of ownership, management or control from public sector to private hands. \[ B \rightarrow III \]

Step 3: Match Disinvestment.
Disinvestment means selling government shares in public sector enterprises to private sector or public investors. \[ C \rightarrow I \]

Step 4: Match Globalisation.
Globalisation means integration of the domestic economy with the world economy through trade, capital flow and foreign investment. \[ D \rightarrow IV \] Therefore, the correct matching is: \[ A-II,\ B-III,\ C-I,\ D-IV \]