Match List - I with List - II.
List - I (Policy tools) | List - II (Characteristics)
(A) Disinvestment | (I) Hiring of regular services from External source
(B) Out sourcing | (II) Integration of the economy of the country with the world economy
(C) Globalisation | (III) To administer all multilateral trade agreements
(D) GATT | (IV) Privatisation of the public enterprises by selling off part of public equity sector
Choose the correct answer from the options given below :
Match List - I with List - II.
List - I (Policy tools) | List - II (Characteristics)
(A) Disinvestment | (I) Hiring of regular services from External source
(B) Out sourcing | (II) Integration of the economy of the country with the world economy
(C) Globalisation | (III) To administer all multilateral trade agreements
(D) GATT | (IV) Privatisation of the public enterprises by selling off part of public equity sector
Choose the correct answer from the options given below :
Solution
Disinvestment means selling off part of government equity in public enterprises, so (A)-(IV). Outsourcing is hiring regular services from an external source, so (B)-(I). Globalisation is the integration of a country's economy with the world economy, so (C)-(II). GATT was established to administer multilateral trade agreements, so (D)-(III).
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