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Dear student, 

Ans 1) Liberalisation refers to removal of various barriers and restriction on trade. The following are the benefits of liberalisation:
  • It helps in improving the production and investment in the economy. 
  • Increased competition pushes the efficiency of the domestic producers. 
  • Consumers benefit from the increased availability of goods and services. 
Ans 2) Please follow the below mentioned link for answer to a similar query.
https://www.meritnation.com/ask-answer/question/5-merits-and-5-demerits-of-privatisation/unit-ii-liberalisation-privatisation-and-globalisation-an-ap/8150773
 
Ans 4) Follow the below mentioned link for answer to a similar query:
https://www.meritnation.com/ask-answer/question/keeping-in-view-your-locality-describe-any-four-strategies/unit-iii-environment-and-sustainable-development/6320212

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