Political Science · Political Processes in India
A limitation often attributed to liberalisation is that it:
AReduces foreign investment
BTends to neglect social welfare and equity ✓ Correct
CAlways lowers productivity
DWeakens the financial sector
Correct answer: (B) Tends to neglect social welfare and equity — A common criticism is that liberalisation neglects social welfare, so that is the answer.
Explanation
★A common criticism is that liberalisation neglects social welfare, so that is the answer.
★It places efficiency and growth above equity.
★Benefits may not reach the poorest sections.
★Inequality can widen as markets expand.
★Welfare spending may face pressure.
★So neglect of social welfare is the limitation meant here.
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