Topics: CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL, Indian Economic Development, NCERT Books

Disinvestment Target 1991-92

Question

In 1991-92, the government targeted to mobilise how much through disinvestment?

Select an answer

In 1991-92, the government targeted to mobilise how much through disinvestment?

  1. Rs 1000 crore
  2. Rs 2500 crore — Correct Answer
  3. Rs 5000 crore
  4. Rs 10000 crore
Explanation:
Correct Answer Explanation

In 1991-92, the target was to mobilise Rs 2500 crore through disinvestment. The government actually mobilised Rs 3,040 crore more than the target.

Key Points:
  • Critics say assets of PSEs were undervalued and sold.
  • Proceeds used to offset revenue shortages rather than developing PSEs.
  • In 2017-18, target was about Rs 1,00,000 crore.

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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.

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