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What is meant by ‘Privatisation’?

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प्रश्न

What is meant by ‘Privatisation’?

लघु उत्तरीय
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उत्तर

Privatisation refers to the process of gradual transfer of ownership or management from the state/public-owned enterprises to individuals or private units, i.e. from the public sector to the private sector enterprises.

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अध्याय 6: The State and Economic Development - QUESTIONS [पृष्ठ १८५]

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गोयल ब्रदर्स प्रकाशन Economic Applications [English] Class 10 ICSE
अध्याय 6 The State and Economic Development
QUESTIONS | Q 8. (ii) a. | पृष्ठ १८५

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संबंधित प्रश्न

What is meant by ‘Management of Operations’? 


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Read the following text and answer the following question on the basis of the same:

Sana is the branch manager of ABC Handicrafts Pvt. Ltd. The company’s objective is to promote the sales of Indian handloom and handicraft products. It sells fabrics, furnishings, ready-mades and household items are made out of traditional Indian fabrics.

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Sana suggested that they should keep the silk bed covers for special festive occasions and offer the cotton bed covers on a regular basis to keep costs under control.

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