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  1. Home
  2. /Prelims Questions
  3. /Miscellaneous
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Miscellaneous·2014·Easy

It is often forgotten that globalization is not only about policies on international economic relationships and transactions, but has equally to do with domestic policies of a nation. Policy changes necessitated by meeting the internationally set conditions (by WTO etc.) of free trade and investment flows obviously affect domestic producers and investors. But the basic philosophy 1.According to the passage, which of the following is/are necessary for ensuring globalization ?.1.Privatization of public enterprises 2.Expansionary policy of public expenditure 3.Free play of market forces to determine wages and employment 4.Privatization of social services like education and health Select the correct answer using the code given below :

It is often forgotten that globalization is not only about policies on international economic relationships and transactions, but has equally to do with domestic policies of a nation. Policy changes necessitated by meeting the internationally set conditions (by WTO etc.) of free trade and investment flows obviously affect domestic producers and investors. But the basic philosophy 1.According to the passage, which of the following is/are necessary for ensuring globalization ?.1.Privatization of public enterprises 2.Expansionary policy of public expenditure 3.Free play of market forces to determine wages and employment 4.Privatization of social services like education and health Select the correct answer using the code given below :

Options

  1. a.

    1 only

  2. b.

    2 and 3 only

  3. c.

    1, 3 and 4

    Correct answer
  4. d.

    2, 3 and 4

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