Question

Need for Private Investment in Infrastructure is felt due to

1. High capital requirement
2. Private sector brings in efficient utilization of resources
3. Better technology

Which of the above statements are correct

• A. 1 and 3
• B. 1 and 2
• C. 2 and 3
• D. 1,2 and 3

Answer 1

The correct option is D 1,2 and 3

Private sector brings in capital, efficient utilization of resources and latest technologies and expertise in their respective fields. This ensures there is reduced cost of development and resource augumentation in both Human and Capital spheres.