SSC CGL 2025 PYQ — Question 30

SSC CGL - 17 Sep 2025 - Shift 1 • General Awareness • Q30

Economic liberalization mainly affects which sector?

Show answer & explanation

Correct answer: D

Explanation

The correct answer is Option 4 i.e. Primary, Secondary, and Tertiary.

Economic liberalization impacts all three sectors of an economy by reducing government restrictions and encouraging private participation:

  • Primary Sector: Changes in trade policies and subsidies affect agriculture and mining, facilitating easier exports of raw materials and the entry of global agro-tech.

  • Secondary Sector: Delicensing and the removal of the "License Raj" boost manufacturing by allowing industries to scale up and attract Foreign Direct Investment (FDI).

  • Tertiary Sector: This sector (Services) usually sees the most rapid growth due to liberalized norms in banking, telecommunications, and IT, integrating the domestic market with the global economy.