Question 188

Very often we hear about LIberalisation and deregulation. What does it really means in the area of financial sector? (Pick up the statement which do/does not fall under the terms liberalization and/or de-regulation) ?
I. Giving the freedom to banks etc. to decide interest rates on various products.
II. Announcing a uniform policy for job protection of existing workforce.
III. Removal of direct control over credit and mandatory investment regulations.
IV. Free entry to new competitors
V. Support to mergers and acquisitions.


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