Question

The following are the ways of privatisation:
1. Disinvestment 2. Denationalization
3. Franchising 4. Contracting
Which is correct?

• A. 1, 2 and 4
• B. 2 and 4
• C. 1 and 2
• D. All the above

Answer 1

The correct option is D All the above

The following are the ways of privatization:

1. Disinvestment

2. Denationalization

3. Franchising

4. Contracting Privatization is a global trend. Privatization can be defined as a process of transferring ownership or management of an enterprise from public sector to private sector. It helps to increase the size and dynamism of private sector. It also helps to reduce administrative burdens on the public sector.Hence, option (D) is the correct answer.