Multiple choice

Which of following statements is correct?

  1. Privatisation is a panacea for all economic problems

  2. Privatisation always leads to attaining social and economic effieciency

  3. Privatisation may result in lopsided development of industries in the country

  4. None of these
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Privatization, when driven solely by profit motives rather than balanced development goals, can lead to uneven industrial growth across regions and sectors, creating imbalances rather than comprehensive development.

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