In the context of economic reforms, 'Disinvestment' involves:
A. Complete closure of all public enterprises
B. Increasing government stake in public sector enterprises
C. Nationalisation of private firms
D. Sale of government equity in public sector enterprises
Answer: Option D
Solution (By JKSSB Mock Tests)
Disinvestment refers to the sale of government-held shares in public sector enterprises to private investors or the public, thereby reducing the government's ownership stake.
Explanation:
Stock exchanges primarily serve corporate entities. Agricultural finance is provided by commercial banks, cooperatives, RRBs and refinanced by NABARD.
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