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Solution: FDI there was a dual route of approval. The automatic route (governed by the RBI) and the government route (governed by the central government). the goal of liberalization was to make the economy more balanced and market-friendly. The efforts for liberalization and economic change were started in 1987 by trying to get rid of the License Raj prevailing in India at the time. Finally, the policies in 1991 began the process of economic liberalization. There was a lowering of tariffs and import taxes, promotion of private investment, an overall lowering of taxes, an increase in foreign investment and FDI, deregulation of markets, etc. Liberalization has been responsible for the economic growth of the country after 1991. There was the entry of many companies such as Pepsi, Volkswagen, Sony, Samsung, Toyota, Microsoft, HP, etc. post the liberalization reforms.
Mughal ruler, Aurangzeb died in which year?
Until which year is the National Quantum Mission (NQM) being implemented, as approved by the Union Cabinet?
The intervention by the monetary authority of a country in the money market to keep the money supply stable against external shocks is called _______.
_________is the oldest public-sector bank of India.
A train running at a speed of 108 km/h crosses a pole in 32 seconds. What is the length of the train?
Which statement correctly reflects the feature of BBPS?
I - The Bharat Bill payment system is a Reserve Bank of India ( RBI ) conceptualised s...
Prithviraj Raso, an epic poem about the life of the 12th century Indian king, Prithviraj Chauhan, was written by:
When is Indian Army Day celebrated every year?
Anwar Ibrahim sworn in as tenth prime minister of which of the following country?
Which of the International airports has signed a pact with Noida International Airport Limited (NIAL) for the development of an airport at Jewar, Uttar ...