CA Foundation

 __________ is known as privatisation
  • a)
    Divestment
  • b)
    Making a Private sector as a public
  • c)
    Liberalisation
  • d)
    All of the above
Correct answer is option 'A'. Can you explain this answer?

Rakesh Singh answered  •  7 hours ago
Disinvestment refers to selling a part or whole of Shares of Public Sector undertakings to Private sector . This process comes under privatisation.

Like this year Govt is selling some part of equities of LIC and some Public sector banks to Private sectors , this is called disinvestment that comes under privatisation
Fetching relevant content for you