Which of the following is NOT a liberalization measure?
Show answer & explanation
Correct answer: B
Explanation
Answer: Privatization of PSUs (Option 2)
Solution:
- Deregulation of industries → Liberalization ✓
- Privatization of PSUs → Privatization, not Liberalization ✗
- Simplification of tax structures → Liberalization ✓
- Removal of import licensing → Liberalization ✓
∴ Privatization of PSUs is NOT a liberalization measure.