In the context of economic planning, indicative planning is characterised by:
A. Only private sector planning
B. Setting targets and providing incentives without compulsion
C. Absence of any targets
D. Complete government control over all sectors
Answer: Option B
Solution (By JKSSB Mock Tests)
Indicative planning involves setting broad targets and providing incentives and information to guide private sector decisions rather than imposing compulsory directives.
Explanation:
Disinvestment involves the sale of government-held shares in public sector enterprises to private entities or the public, reducing government ownership.
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