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Question
______ implies an introduction of private ownership in public sector enterprises.
Options
Disinvestment
Globalisation
Privatisation
Liberalisation
Solution
Privatisation implies an introduction of private ownership in public sector enterprises.
Explanation:
The transfer of a majority ownership of state-owned enterprises to the private sector through the sale of ongoing concerns or assets following liquidation is called privatisation.
RELATED QUESTIONS
The policy of converting public ownership of an asset to private ownership is ______.
What is Privatization?
State three reasons why privatization is not always desirable.
Mention two important differences between Public Sector and Private Sector.
Explain any two reasons for privatisation.
What is meant by the Privatisation of public sector industries?
Identify the reason for privatisation:
Give two reasons for privatisation of public sector units in India.
List three ways in which the government can undertake privatisation.
Citing reasons state the superiority of Public sector over privatization.
