Increased Foreign Direct Investment (FDI): Reforms encouraged foreign investments in various sectors, boosting industrial growth.
Global Market Access: Liberalisation facilitated Indian industries to access global markets, increasing exports.
Technology Transfer: Allowed import of advanced technologies, improving productivity and efficiency.
During the British rule, India’s foreign trade had various features except _________ .
Uma and Umesh were partners in a firm sharing profits and losses in the ratio of 2:3. On 31st March, 2024, their Balance Sheet was given. Daya was admitted with 2:3:5 profit sharing ratio, bringing in capital and goodwill. Various revaluations and adjustments were also made. Journalise the transactions related to Daya’s admission.