Why privatisation is considered as better policy to improve efficiency of sick PSU's?

1. Private sector is more efficient.
2. Private sector operates for profit.
3. Private sector provide job security.
4. Both (a) and (b).

Which of the following policies were taken under 'structural reform measures?

1. Correcting BOP.
2. Controlling inflation.
3. Improving economic efficiency.
4. Increasing international competitiveness.

Choose from the options below:

1. Both (i) and (ii).
2. Both (ii) and (iii).
3. Both (iii) and (iv).
4. Both (ii), (iii) and (iv).

Which duty has been removed to increase the competitive position of Indian goods in the international markets?

1. Custom duty.
2. Export duty.
3. Import duty.
4. None of the above.

________ was the predecessor organisation to World Trade Organisation (WTO).

1. International Bank for Reconstruction and Development (IBRD)
2. International Monetary Fund (IMF)
3. Reserve Bank of India (RBI)
4. General Agreement on Tariffs and Trade (GATT)

The process of privatisation is where:

1. A company is transferred to a non-profit organization.
2. Services that were previously supplied are outsourced.
3. A few public sector enterprises are sold to private sector.
4. A state industry merges with or takes over a private or publicly owned company.

Which sector have faced some adverse impacts of NEP?

1. Agricultural Sector.
2. Industrial Sector.
3. Both (a) and (b).
4. None of these.

Opening up the economy to the economies of the world so that Indian economy can compute at international level is called:

1. Liberalisation.
2. Globalisation.
3. Privatisation.
4. None of the above.

The origin of the financial crisis can be traced from the inefficient management of the Indian economy, which of the following reasons are responsible?

1. Government did not able to generate sufficient revenue.
2. Government expenditure began to exceed its revenue.
3. Government borrowed money for meeting consumption needs.
4. All of the above.

The most common route for investment by MNCs in countries around the world is to:

1. Set-up new factories.
2. Buy existing local companies.
3. Form partnership with local companies.
4. All of the above.

Which of the following is not a method of privatisation?

1. Disinvestment.
2. Sale of PSUs to private sector.
3. Contraction of PSUs.
4. Sale of PSUs to government.