Target Exam

CUET

Subject

Economics

Chapter

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

Question:
What is the purpose of disinvestment in the context of privatization?
Options:
To improve financial discipline
To facilitate modernization
To attract private capital and managerial capabilities
All of the above
Correct Answer:
All of the above
Explanation:
Disinvestment, which is the privatization of public sector enterprises by selling off part of their equity to the public, aims to achieve multiple objectives. It aims to improve financial discipline, facilitate modernization, and attract private capital and managerial capabilities to improve the performance of the public sector enterprises.