Question

Which of the following statements are true?

1. Public sector enterprise is an enterprise which is owned and managed by the government. 
2. Privatisation means the sale of all or parts of a government equity in state owned enterprises to the private sector.
3. Disinvestment programme of India started in 1991-92.

Options

• Only (i)

• Only (ii) and (iii)

• Only (i) and (iii)

• All of these

Answer 1

All of these

Explanation:

All three statements are true because:

1. Public sector enterprises are owned, managed, and operated by the government.
2. Privatisation involves transferring ownership from the public (government) sector to the private sector.
3. The disinvestment program, which involved selling off government stakes in public sector enterprises, was initiated in India as part of economic reforms in 1991-92.