Question : Reducing the role of public sector and increasing the role of private sector fall under-
Option 1: Liberalisation
Option 2: Privatisation
Option 3: Globalisation
Option 4: None of the above
Answer (1)
24th Jan, 2024
Correct Answer: Privatisation
Solution :
Privatisation refers to giving greater role to private sector and reducing the role of public sector.
Hence, option 2 is the correct answer.
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