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Question

The pre-condition for Privatisation to be successful requires:

A
Liberalisation and de-regulation of the economy
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B
Capital markets should be sufficiently developed
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C
None of the above
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D
Both of the above (a) & (b)
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Solution

The correct option is D Both of the above (a) & (b)
The pre-condition for Privatisation to be successful required both (a) Liberalisation and de-regulation of the economy and (b) capital markets should be sufficiently developed.

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