Question : Statement 1: Privatization refers to the transfer of government-owned enterprises to the private sector.
Statement 2: Disinvestment refers to the sale of private enterprises to the government.
Option 1: Both statements are true.
Option 2: Both statements are false.
Option 3: Statement 1 is true, and statement 2 is false.
Option 4: Statement 1 is false, and statement 2 is true.
Correct Answer: Statement 1 is true, and statement 2 is false.
Solution : The correct answer is (c) Statement 1 is true, and statement 2 is false.
Statement 1 is true. Privatization involves the sale or transfer of state-owned enterprises to private individuals or entities. It aims to reduce the government's role in the economy and promote private sector participation.
Statement 2 is false. Disinvestment refers to the sale of government-owned enterprises or assets by the government to private individuals or entities. It is the opposite of privatization, where the government is selling its stake in public sector enterprises to private entities, rather than purchasing private enterprises.
Statement 2: Disinvestment refers to the acquisition of private enterprises by the government.
Question : Statement 1: Privatization of public enterprises aimed to improve their efficiency and profitability.
Statement 2: Disinvestment refers to the acquisition of government-owned enterprises by the private sector.
Question : Statement 1: Over the years, Indian Government has increased its stake in several public enterprises.
Statement 2: Privatization implies a greater role of the private sector in the economic activities of the country.
Question : Statement 1: Industrial sector reforms focused on deregulation and delicensing of industries.
Statement 2: Deregulation refers to the removal of government control and restrictions on industries.
Question : Privatization refers to the transfer of ownership and control of:
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