Topics:
CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL, Indian Economic Development, NCERT Books
Disinvestment Proceeds Usage Criticism
Critics say disinvestment proceeds are used to:
- Develop PSEs and build social infrastructure
- Offset shortage of government revenues rather than developing PSEs — Correct Answer
- Invest in new public sector enterprises
- Fund agricultural subsidies
Explanation:
Correct Answer Explanation
Proceeds are used to offset shortage of government revenues rather than for development of PSEs or building social infrastructure.
Key Points:
- Assets of PSEs have been undervalued and sold.
- Substantial loss to the government.
📚 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.
