The privatisation of ownership through sale of equity share is called:
Answer & explanation
Correct answer: option 1
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.