Economics · Economic Reforms

What does privatisation mean in the Indian economic context?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Transferring ownership or management of government-owned enterprises to private companies✓
2Nationalising all private sector banks
3Converting all private jobs into government jobs
4Giving more subsidies to agricultural workers

Correct answer

Transferring ownership or management of government-owned enterprises to private companies

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What does privatisation mean in the Indian economic context?

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