Multiple choice

_______________ refers to disposal of public sector's units in equity in the market.

  1. Globalisation

  2. Privatisation

  3. Disinvestment

  4. Liberalisation

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Disinvestment refers to the disposal of public sector units' equity in the market through selling government shares to private investors. This is a key component of economic reforms. Option A (Globalisation) refers to economic integration globally, not specifically selling PSU equity. Option B (Privatisation) is broader and includes transferring ownership/control, while disinvestment is specifically about selling equity. Option D (Liberalisation) refers to removing restrictions, not specifically divestment.