Economics · Public Sector Policy 1991
What was the primary objective of introducing Voluntary Retirement Schemes (VRS) in public sector enterprises under the 1991 Economic Reforms?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1To replace permanent workers with contractual foreign experts
- 2To lower the retirement age for all government employees
- 3To optimize human resources by reducing the surplus workforce✓
- 4To completely shut down public sector units
Correct answer
To optimize human resources by reducing the surplus workforce
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Public Sector Policy 1991 MCQs →Want more practice questions on Public Sector Policy 1991?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Public Sector Policy 1991