If there is dilution of government ownership beyond __________ percent, it would result in transfer of ownership and management pf enterprise to the private sector.

51%

The correct answer is option (3)-  51%.

The term disinvestments means transfer in the public sector enterprises to the private sector. It results in dilution of stake of the Government in the public enterprise. If there is dilution of Government ownership beyond 51 percent, it would result in transfer of ownership and management of the enterprise to the private sector.