1
Question
Statements:
Many public sector undertakings have been making losses for the past few years and the situation is equally bad in the current year.
Course of action:
(1) These loss-making public sector companies should immediately be closed down.
(2) The Govt should scout for potential buyers in the private sector to sell these companies to get back part of the investments made by the Govt.
(3) All the employees of these companies should be retrenched with adequate compensation and the fixed assets may be put up for sale.
Statements:
Many public sector undertakings have been making losses for the past few years and the situation is equally bad in the current year.
Course of action:
(1) These loss-making public sector companies should immediately be closed down.
(2) The Govt should scout for potential buyers in the private sector to sell these companies to get back part of the investments made by the Govt.
(3) All the employees of these companies should be retrenched with adequate compensation and the fixed assets may be put up for sale.
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Solution
The correct option is D None of these
Public Sector Undertaking plays a huge role in the economy of the country and hence neither can it cannot be shut down nor can it be sold to private sectors. An effective solution must be found and the PSU must be brought back to its track
Public Sector Undertaking plays a huge role in the economy of the country and hence neither can it cannot be shut down nor can it be sold to private sectors. An effective solution must be found and the PSU must be brought back to its track
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