Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

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

Question:

Government's disinvestment in Life Insurance Corporation of India(LIC) will bring which of the following benefit?

Options:

Efficiency in management

Reduced conflicts among shareholders

Fast decision making

All the above

Correct Answer:

Efficiency in management

Explanation:

It was envisaged that private capital and managerial capabilities could be effectively utilised to improve the performance of the PSUs with the help of disinvestment.