B. Liberating the industry, trade and economy from unwanted restrictions C. Opening up of economy to the world by attaining international competitiveness D. Reducing number of reserved industries from 17 to 8 Which among the following is not opened for private sector participation A. Railways B. Telecommunication sector C. Insurance sector D. Power sector The Industrial policy resolution was passed first in A. 1947 B. 1956 C. 1931 D. 1999 Globalisation is the term used to describe process of removal of restriction on Investment Foreign Trade Both (A) and (B) None of the above ____ is a statement which derives the role that an organization plays in a society. A. Goals. B. Mission. C. Objective. D. Success. In which of the following basic categories can business environment be divided? A. Local and Regional B. Regional and National C. Internal and External D. Financial and Nonfinancial ______environment is within the control of the business. A. Internal B. External C. Micro D. Macro Mixed economy means A. Co–existence of small and large industries B. Promoting both agriculture and industries in the economy C. Co–existence rich and poor D. Co–existence of public and private sectors Study of human population is called as _____ environment? A. political B. social C. demographic D. Transport A systematic application of scientific knowledge to practical task is known as________. A. technology. B. culture. C. demograpic. D. legal.