In which year, did the realization from disinvestment exceed the targeted amount?
A
2003-04.
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B
2000-01.
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C
1999-2000
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D
None of the above.
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Solution
The correct option is A 2003-04. Sale of a part of equity holdings by the government in any PSUs to private investors is called disinvestment. In 2003-04 the realization from disinvestment exceeded the target amount. Disinvestment is included in the process of privatization.