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Published on: 22/01/2020
Liberalization, Privatization, and Globalization
Download Tamil Nadu 12th Standard Commerce question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.
Questions + Answers key
Take MCQ Commerce Test1.
What do you mean by Globalization?
2.
Give any two advantages of Globalisation.
3.
Name the industries which are reserved for public sector.
4.
Mention any two disadvantages of Liberalisation.
5.
What is Privatization?
6.
State the branches of New Economic Policy.
1.
Globalisation means the interaction and integration of the domestic economy with the rest of the world with regard to foreign investment, trade, production and financial matters. Globalization stands for the consolidation of the various economies of the world.
2.
(i) Increase in foreign collaboration
(ii) Expansion of market
(iii) Technological development
3.
(i) Bharat Aluminimum Co. Ltd., (BALCO)
(ii) Hindustan Zinc Ltd (HZL)
(iii) Indian Petrochemicals Corporation Ltd (IPCL)
(iv) Maruthi Udyog Ltd (MUL)
(v) Modern Food Industries Ltd (MFIL)
4.
i) Increase in unemployment
ii) Loss due to domestic units
(iii) Increased dependence on foreign nations
(iv) Unbalanced development
5.
Privatization is the incidence or process of transferring ownership of a business enterprise, agency or publicservice from the government to the private sector.
6.
The branches of New Economic Policy are :
(i) Liberalisation
(ii) Privatisation
(iii) Globalisation
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Tamilnadu Stateboard 12th Standard Subjects

Maths

Chemistry

Physics

Biology

Computer Science

Business Maths and Statistics

Economics

Commerce

Accountancy

History

Computer Applications

Biology

Computer Technology

Computer Applications

Computer Science

Business Maths and Statistics

Commerce

Economics

Maths

Chemistry

Physics

Computer Technology

History

Accountancy

Tamil

English

French
Tamilnadu Stateboard Standards