Question

Which of the following statements regarding privatisation is correct?

• A. Privatisation is panacea for all economic problems
• B. Privatisation always leads to attaining social and economic efficiency
• C. Privatisation may result in lopsided development of industries in the country
• D. None of the above

Answer 1

Answer: (C)

Privatisation may result in lopsided development of industries in the country

This statements is correct that Privatisation may result in lopsided development of industries in the country.