The 'strategic sale' in disinvestment means: MCQ with Answer and Explanation

Question

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The 'strategic sale' in disinvestment means:

A. sale of controlling shareholding to a private or strategic buyer

B. sale of shares in the stock market

C. merger of two PSUs

D. buyback of shares

Answer: Option A

Solution (By JKSSB Mock Tests)

Strategic sale involves transfer of management control.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

The 'International Court of Justice' is located in:

A. New York

B. The Hague

C. Vienna

D. Geneva

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Correct Answer: Option B

Explanation:
ICJ is located in The Hague.

This question belongs to: Economy GK Economy Set 1

Question #2

The concept of 'Hysteresis' in unemployment refers to:

A. Only frictional unemployment

B. Only seasonal unemployment

C. The tendency of unemployment to persist even after the original cause has disappeared

D. Temporary unemployment that disappears quickly

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Correct Answer: Option C

Explanation:
Hysteresis in unemployment means that high unemployment can become self-perpetuating through loss of skills, reduced employability or changes in wage-setting behaviour, so that the natural rate itself rises.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Goods and Services Tax' rate on readymade garments up to Rs 1,000 is:

A. 5%

B. 0%

C. 18%

D. 12%

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Correct Answer: Option A

Explanation:
Readymade garments up to Rs 1,000 attract 5% GST.

This question belongs to: Economy GK Economy Set 1

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