GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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1990-91
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1991-92
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1992-93
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1956
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Detailed explanation-1: -The change process in India began in the year 1991-92, with 31 selected PSUs disinvested for Rs. 3, 038 crore. In August 1996, the Disinvestment Commission, chaired by G V Ramakrishna was set up to advice, supervise, monitor and publicize gradual disinvestment of Indian PSUs.
Detailed explanation-2: -The history can be divided into four broad phases: 1991-1999 (Phase I), 1999-2004 (Phase II), 2004-2014 (Phase III), and 2014-2020 (Phase IV). There have been relatively few strategic sales, and governments have largely preferred the minority sale route.
Detailed explanation-3: -Detailed Solution. The correct answer is 1991. The disinvestment process in Public Sector Enterprises means the dilution of the stakes of the Government in a public enterprise.