Target Exam

CUET

Subject

Sociology

Chapter

Social Change and Development in India: Change and Development in industrial Society

Question:
What is disinvestment in the public sector?
Options:
A policy by which governments sell the shares of public companies, and reduce investments in public companies.
A policy by which private companies reduce their investments in public goods.
A process in which investment is being reduced in the private sector.
The rise of the corporate sector in the business and the strengthening of the business class
Correct Answer:
A policy by which governments sell the shares of public companies, and reduce investments in public companies.
Explanation:
As a part of liberalization policy government is trying to sell its share in several public sector companies, a process which is known as disinvestment. Many government workers are scared that after disinvestment, they will lose their jobs.