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Question

Reconstruction of sick public sector units is taken up by

(a) MOFA

(b) MoU

(c) BIFR

(d) NRF

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Solution

The responsibility of reviving sick public sector units lies with of The Board of Industrial and Financial Reconstruction (BIFR). It decides whether the sick PSUs are to be reconstructed or these should be shut down.

Hence, the correct answer is option (c).


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