General Studies · Small Business Management
A small manufacturing unit in India begins to experience declining sales, mounting debts and inability to meet financial obligations. The government and financial institutions intervene by restructuring loans, providing managerial guidance and introducing technological improvements to revive the enterprise. This process is most appropriately described as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Privatisation of public sector enterprises
- 2Corporate restructuring through mergers
- 3Rehabilitation of sick small industries✓
- 4Industrial diversification strategy
Correct answer
Rehabilitation of sick small industries
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