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Which statement best explains Privatization?

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Question ID #27529 UPSC UPSC EPFO APFC 2026 Mock Test Series UPSC EPFO APFC 2026 Full-Length Mock Test 10 Medium

Which statement best explains Privatization?

Correct Answer: D. Transfer of ownership or control from public sector to private sector
Privatization: Transfer of ownership or control from public sector to private sector

Question: Which statement best explains Privatization?

A. Excess of revenue expenditure over revenue receipts

B. Market-driven fall in the rupee's value relative to another currency

C. Official downward adjustment of currency value under a fixed or managed exchange-rate regime

D. Transfer of ownership or control from public sector to private sector

Correct Answer: D. Transfer of ownership or control from public sector to private sectorPrivatization: Transfer of ownership or control from public sector to private sector

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Which statement best explains Privatization? - MCQ Explanation

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Correct answer: D. Transfer of ownership or control from public sector to private sector