Privatization is a/an ________.

Social policy

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Economic policy

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Political policy

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International policy

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Solution

The correct option is D International policy
Privatization is an international policy. Privatization can be defined as a process of transferring ownership or management of an enterprise from public sector to private sector. It helps to increase the size and dynamism of private sector. It also helps to reduce administrative burdens on the public sector.Hence, option (D) is the correct answer.

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Similar questions

Policy	Associated Measures
1. Liberalization	A domestic company hiring regular service from a foreign company
2. Privatization	Outright sale of public sector companies
3. Globalization	Raising of investment limit in banks

Policy	Associated Measures
1. Liberalization	A domestic company hiring regular service from a foreign company
2. Privatization	Outright sale of public sector companies
3. Globalization	Raising of investment limit in banks

(A) Liberalization	(1) Refers to partial or full transfer of ownership and control of PSUs to the private sector.
(B) Privatization	(2) Refers to relaxation of government's restriction in the scope of economic and social polices.
(C) Disinvestment	(3) Refers to a method of privatization, whereby part of shareholdings of a PSU is sold to the private sector.

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