भारताच्या आर्थिक सुधारणांच्या अनुषंगाने खालील विधाने विचारात घ्या. (a) उदारीकरण हे भारतातील सुधारणांची दिशा दर्शविते. (b) खाजगीकरण हे भारतातील सुधारणांचा मार्ग दर्शविते. (c) जागतिकीकरण हे भारतातील सुधारणांचे अंतिम ध्येय दर्शविते. वरीलपैकी कोणते/ती विधान/ने सत्य आहे/त?

The correct answer is Option D (All of the above).

Key Points:
• The LPG (Liberalisation, Privatization, Globalisation) model adopted in India in 1991 constitutes the core framework of contemporary economic reforms.
• Liberalisation (a) acts as the guiding philosophy that sets the direction of reforms by dismantling bureaucratic licenses, controls, and opening up markets.
• Privatization (b) represents the operational path or mechanism by which public sector dominance is reduced and private enterprise efficiency is integrated.
• Globalisation (c) represents the ultimate goal or destination of integrating the domestic economy with the global economic architecture for sustainable growth and international competitiveness.
• Since all three statements accurately conceptualize the macroeconomic roles of LPG components in Indian economic literature, option (4) is correct.
• Key Takeaway: In Indian economic reforms, liberalisation provides direction, privatisation forms the path, and globalisation is the ultimate goal.