The government is trying to sell its share in several public sector companies this process is known as __________.
Answer & explanation
Correct answer: option 2
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.
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Outsourcing: Contracting out services or jobs to external providers.
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Investment: Putting money into assets or ventures for profit.
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Liberalisation: Removing government controls and restrictions from the economy.