Topics:
CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL, Indian Economic Development, NCERT Books
Disinvestment Criticism
Critics of disinvestment argue that:
- PSE assets were overvalued before sale
- PSE assets were undervalued and sold to private sector — Correct Answer
- Disinvestment proceeds were used for PSE development
- Disinvestment improved all PSE performance
Explanation:
Correct Answer Explanation
Critics point out that assets of PSEs have been undervalued and sold to the private sector.
Key Points:
- This means substantial loss to the government and outright sale of public assets.
- Proceeds used to offset revenue shortages rather than for PSE development or social infrastructure.
📚 About this Topic — CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL
This multiple choice question is from CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL to strengthen your preparation.
