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Q.

What are the objectives of liberalisation policy in the large-scale sector?


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a

Net profit

b

Private and public participation

c

Infrastructure development

d

All of the above 

answer is D.

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Detailed Solution

For the large-scale sector, a liberalisation strategy is crucial in the aspects listed below. To achieve a favourable net profit to capital invested ratio. To improve both the public and private involvement in economic growth. To use profit incentives as a planning tool and to minimise expenses while maximising profits. To encourage the participation of the private sector in the creation of infrastructure. Removing the physical barriers would provide access to all laws and rules. To improve the nation's competitiveness by introducing innovative technologies. Increasing output through overseas commerce and foreign investment reduces the debt load. To expand markets and offer products and services on the world market.
 
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What are the objectives of liberalisation policy in the large-scale sector?