CUET UGBusiness StudiesMCQ
Q14. Which of the following statement is correct? (a) Licensing was made compulsory in most of industries by the Government in 1991. (b) Restrictions were imposed on movements of goods and services by the Government in 1991. (c) Taxes were imposed and the complicated system of Export-Import trade was established by the Government in 1991. (d) Freedom was given to traders in fixing prices of goods and services.

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