The government is trying to sell its share in several public sector companies this process is known as __________.

Disinvestment

The correct answer is Option 2: Disinvestment

Disinvestment refers to the process by which the government sells or reduces its stake in public sector undertakings (PSUs), either partially or completely. 

• Outsourcing: Contracting out services or jobs to external providers.

• Investment: Putting money into assets or ventures for profit.

• Liberalisation: Removing government controls and restrictions from the economy.