Privatization of the public sector undertakings by selling off part of the equity of Public Sector Unions to the public is known as ______________.

outright sale

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disinvestment

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offer for sale

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private placement

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Solution

The correct option is C disinvestment
Privatisation of the public sector undertakings by selling off part of the equity of PSUs to the public is known as disinvestment. The purpose of the sale, according to the government, was mainly to improve financial discipline and facilitate modernisation.

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Similar questions

Write a short note on public sector and private sector.

Which concept is involved in the sale of equity shares to the private and the public sector?

Disinvestment of PSE's implies

(a) Sale of equity shares to private

(b) Closing down operations sector/public

(d) Buying shares of PSE's

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