Discuss any 3 points in favour of privatization.
1. Production in budgetary deficit.
2. Competitive environment.
3. Better managerial efficiency.
Discuss any three difference between private sector enterprises and public sector enterprises.
In the following question, there is a sentence which is divided into four parts. Choose the fragment that carries an error (if any). Ignore punctuation errors if any.
The draft ninth plan approach / is heavily loaded in favour of / private investment as a result of severe resources crunch / and the liberalisation of the economy.
(a) Discuss any four points of importance of small-scale industries.
(b) After independence, India adopted the system of mixed economy where both private and public sectors co-exist and contribute to the development of the nation. Which value is reflected in such an economic system?