Question

Match the following:

1	The sale of 51 % or more stake of a PSU to the private sector who bids the highest.	A	Minority Sale
2	Sale refers to the sale of less than 49% stake of a the PSU to private sector.	B	Strategic Sale
3	It is a trade agreement between two countries	C	Devaluation of Rupee
4	It refers to the fall in the value of rupee in terms of foreign currency	D	Bilateral Trade

Options

• 1.b, 2.a, 3.d, 4.c

• 1.c, 2.a, 3.d, 4.b

• 1.b, 2.d, 3.a, 4.c

• 1.b, 2.c, 3.d, 4.a

Answer 1

1.b, 2.a, 3.d, 4.c

Explanation:

1. The sale of 51 percent or more of a PSU's stock to the private sector, based on the highest bidder, is known as a strategic sale.
2. The selling of less than 49 percent of a PSU's stock to the private sector is known as a minority sale.
3. Bilateral Trade:- A trading agreement between two countries is known as bilateral trade. This is an agreement that gives both countries equal possibilities.
4. The reduction in the value of the rupee in terms of foreign money is known as devaluation. It specifically refers to the purposeful official depreciation of a country's currency against a foreign currency.