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Match the items of List I with the correct items of List II

List IList II
A. Removal of restrictions on the movement of goods and servicesI. Legal Environment
B. The advertisement of alcoholic beverages is prohibitedII. Privatisation
C. Govt. adopted the policy of planned disinvestmentIII. Globalisation
D. It involved an increased level of interaction among nationsIV. Liberalisation

Choose the correct answer from the options given below:

Solution

Correct Option: 2

A. Removal of restrictions on movement of goods and services matches Liberalisation (IV).

B. Prohibition on advertising alcoholic beverages is a government rule, matching Legal Environment (I).

C. Planned disinvestment, i.e., selling public sector holdings, matches Privatisation (II).

D. Increased interaction among nations matches Globalisation (III).

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

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