_______ refers to the transfer of government services or assets to the private sector.

Non-alignment

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Liberalisation

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Privatisation

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Globalisation

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Solution

The correct option is C Privatisation
Privatisation refers to the transfer of government services or assets to the private sector. This ensures more investment from foreign nations and higher gains for the country.

Suggest Corrections

(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.