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Question
What is the role of the Board of Industrial and Financial Reconstruction (BIFR)?
Options
Sell government shares
Help 'sick' public sector units with closure, sale, or rehabilitation
Promote Navratna companies
Attract investors
MCQ
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Solution
Help 'sick' public sector units with closure, sale, or rehabilitation
Explanation:
BIFR decides and guides on whether to revive or close unprofitable public companies.
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