The Finance Ministry released the draft national public-private partnership (PPP) policy. Which of the following facts given below in this regard are NOT TRUE?begin{enumerate}item PPP is aimed at creating a framework for implementing infrastructure projects across sectors.item It addresses the issues concerning definition of various terms and also processes so that a clear and consistent position can be adopted by stake holders, including centre, states and private investors.item The government is envisaging an investment of USD 7 trillion in infrastructure sector during the 12th Five-Year Plan (2012-17).end{enumerate}

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

The Finance Ministry released the draft national public-private partnership (PPP) policy. Which of the following facts given below in this regard are NOT TRUE?

A	.
B	Only 3
C	Only 1 and 2
D	Only 2 and 3
E	All of these

Explanation:

Detailed explanation-1: -Areas of public policy in which public-private partnerships (PPPs) have been implemented include a wide range of social services, public transportation, and environmental and waste-disposal services.

Detailed explanation-2: -Key Features of Public Private Partnership It involves sharing and transferring risks and rewards between the public sector and the partners. Such partnerships attempt to utilize multi-sectoral and multi-disciplinary expertise to structure, finance, and deliver desired policy outcomes that are of public interest.

Detailed explanation-3: -The objectives of a PPP in infrastructure are to: Increase the availability of infrastructure services. To do so with greater efficiency (lower cost for the level of services provided) than could be achieved using the traditional public sector approach.

Detailed explanation-4: -A Public-Private Partnership (PPP) is a partnership between the public sector and the private sector for the purpose of delivering a project or a service traditionally provided by the public sector.

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