Economics · Economic Reforms (LPG)
Consider the following statements regarding Privatization: 1. It involves the transfer of ownership or management of state-owned enterprises to the private sector. 2. It can improve operational efficiency and reduce the government's fiscal burden. 3. It always results in a reduction of prices for consumers across all sectors. 4. Disinvestment of government equity is a common method of privatization. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 2, 3 and 4
- 22 and 3 only
- 31 and 3 only
- 41, 2 and 4 only✓
Correct answer
1, 2 and 4 only
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