2017
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Cabinet Committee on Economic Affairs (CCEA)
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Income Tax Department
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Department of Communication
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Department of Food Corporation
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Detailed explanation-1: -Department of Investment and Public Asset Management, Ministry of Finance, Government of India.
Detailed explanation-2: -In 1996, the Government of India set up a Disinvestment Commission under the Ministry of Industries; the mandate of the commission was to assess the viability and advice the Government on disinvesting various PSE’s through market development and diversifying transfer of ownership of the PSU’s for five-ten years period.
Detailed explanation-3: -Department of Investment and Public Asset Management (DIPAM) deals with all matters relating to management of Central Government investments in equity including disinvestment of equity in Central Public Sector Undertakings.
Detailed explanation-4: -All cases of disinvestment are to be decided on a case by case basis. The Department of Investment and Public Asset Management (DIPAM) is to identify CPSEs in consultation with respective administrative Ministries and submit proposal to Government in cases requiring Offer for Sale of Government equity.