Question

Select the correct matching

(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.

• A. A (2) B (1) C (3)
• B. A (1) B (3) C (2)
• C. A (3) B (1) C (2)
• D. A (1) B (2) C (3)

Answer 1

Answer: (A)

A (2) B (1) C (3)

1) Liberalization:Refers to relaxation of government's restriction in the scope of economic and social polices.

2) Privatization:Refers to partial or full transfer of ownership and control of Public sector undertakings to the private sector.

3) Disinvestment:Refers to a method of privatization, whereby part of shareholdings of a Public Sector Undertaking is sold to the private sector.