Economics · Economic Reforms
Which of the following best describes privatization?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1The expansion of public sector undertakings in the core industries
- 2An increase in government regulations on private businesses
- 3The complete nationalization of private companies by the government
- 4Transfer of ownership, property, or business from the government to the private sector✓
Correct answer
Transfer of ownership, property, or business from the government to the private sector
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 Economic Reforms MCQs →Want more practice questions on Economic Reforms?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Economic Reforms