Economics · Economic Reforms Since 1991
Which of the following statements about privatisation is FALSE?
- 1Maruti Udyog Limited was a public sector enterprise before the 1991 economic reforms.
- 2There was an increase in the cases of disinvestment after the economic reforms of 1991 as compared to the pre-1991 period.
- 3There is no possibility of exploitation of monopoly power by private companies after privatisation.✓
- 4Improved performance is one of the advantages of privatisation.
Correct answer
There is no possibility of exploitation of monopoly power by private companies after privatisation.
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