Removal of obstacles or restrictions by the government is called:

Correct option is D

The correct answer is (d) Liberalization

Explanation:
• Liberalization refers to the process of removing obstacles or restrictions imposed by the government in various sectors, particularly in the economy.
• This process typically involves reducing government control, allowing for greater freedom of trade, investment, and competition.
• It can involve changes in foreign trade policies, deregulation, and creating a more market-driven economy.

Information Booster:
• Liberalization aims to encourage economic growth by allowing market forces to operate more freely, leading to increased efficiency and innovation.
• Economic liberalization in India began in 1991, when the government introduced significant economic reforms to open up the economy to the global market.

Additional Knowledge:
Globalization 
• Globalization is the process of increasing interconnectedness and interdependence among countries, primarily through trade, investment, and technology. It is related to liberalization but focuses on global integration.

Privatization 
• Privatization refers to the transfer of ownership or control of state-owned enterprises to private entities. It does not directly deal with the removal of government restrictions but may be a part of liberalization policies.

Nationalization 
• Nationalization refers to the government taking control of privately owned industries or businesses. It is the opposite of privatization and involves more government control rather than removing restrictions.