If privatization is to take off and help realize higher productivity and profit, the essential pre-requisite are ___________.
(i) Liberalization.
(ii) Regulation
(iii) Deregulation
(iv) Globalization

(i) Only

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(iii) Only

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(i) and (iii)

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(i), (ii) and (iv).

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Solution

The correct option is B (i) and (iii)
If privatization is to take-off and help realize higher productivity and profit, the essential pre-requisite are liberalization and deregulation.
Liberalization refers to the removal of restrictions on the free exchange of goods and services between nations.
Deregulation refers to the removal of state restrictions from the sphere of economy.

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