The privatisation of ownership through sale of equity share is called:

Disinvestment

The correct answer is option 1- Disinvestment.

The privatisation of ownership through sale of equity share is called Disinvestment.

Disinvestment means selling a stake in a company, subsidiary or other investments. Businesses and governments resort to divestment generally as a way to pare losses from a non-performing asset, exit a particular industry, or raise money.