Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Liberalisation, Privatisation and Globalisation - An Appraisal

Question:

Which of the following shows a positive impact of "Privatisation"?

Options:

Improvement in efficiency of management

Increase in FDI

Diversification of products

All of the above

Correct Answer:

All of the above

Explanation:

Scholars argue in favour of privatisation by saying that privatisation leads to:

  1. Improvement in efficiency of management
  2. Increased financial discipline
  3. Reduction of deficit in government budget
  4. Increased competition
  5. Diversification of products
  6. Increase in FDI