Multiple choice

The Cabinet Committee on Economic Affairs on 20 July 2012 approved 10.82 per cent disinvestment in

  1. GAIL

  2. ONGC

  3. SAIL

  4. IOC

  5. NTPC

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

The Cabinet Committee on Economic Affairs approved the disinvestment of 10.82% government stake in Steel Authority of India Limited (SAIL) on July 20, 2012. This was part of the government's disinvestment program to raise revenue while retaining majority control. ONGC, NTPC, and IOC also saw disinvestment approvals in different years.