The pre-condition of privatisation to be successful requires:

1. Liberalisation and de-regulation of the economy.
2. Capital markets should be sufficiently developed.
3. Both (a) and (b).
4. None of these.

What was the immediate crisis India faced in the beginning of the 1990s?

1. Inflation.
2. Debt trap.
3. Foreign exchange crisis.
4. All of the above.

When was Navratna Policy announced?

1. 1992
2. 1991
3. 1995
4. 1996

_______ sector has got maximum boost from new economic policy 1991.

1. Primary Sector.
2. Secondary Sector.
3. Tertiary Sector.
4. All of the above.

Which of the following factors cause government to undertake programmes of public sector reforms?

1. Economic inefficiency in the production activities of the public sector.
2. Rapid and unreasonable expansion of bureaucracy.
3. Lack of accountability and corruption.
4. All the above.

Which of the following statements is against globalisation?

1. It will improve allocative efficiency of resources.
2. It will redistribute economic power.
3. It will impose tariff barriers among nations.
4. It will provide updated technology.

Industries now reserved for the public sector are:

1. Defence equipment.
2. Atomic energy generation.
3. Railway transport.
4. All of the above.

__________________ means the excess of anticipated expenditures over estimated revenue.

1. Surplus.
2. Deficit.
3. Loss.
4. Profit.

Private Foreign investment has increased with increase in:

1. FDI
2. FII
3. Both (a) and (b).
4. None of these.

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).