Practicing Success
Which of the following statement (s) is/are correct? Statement 1: Every year, the government fixes a target for disinvestment of PSEs. Statement 2: In 2017–18, the target of disinvestment was about Rs 75,000 crore, and the achievement was about Rs 1,00,057 crore |
Only Statement 1 is correct. Only Statement 2 is correct. Both statements are correct. None of the given statement is correct. |
Only Statement 1 is correct. |
Every year, the government fixes a target for disinvestment of PSEs. For instance, in 1991-92, it was targeted to mobilise Rs 2500 crore through disinvestment. The government was able to mobilise Rs 3,040 crore more than the target. In 2017–18, the target was about Rs 1,00,000 crore, and the achievement was about Rs 1,00,057 crore. |