SSC
INDIAN ECONOMY
Question
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Total investment in public sector unit in 1951 was ____
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25 crores
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100 crores
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29 crores
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11, 08, 331 crores
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Explanation:
Detailed explanation-1: -At the time of independence in 1947, India had just five central public sector enterprises with an investment of mere Rs 29 crore.
Detailed explanation-2: -The disinvestment process in Public Sector Enterprises in India started in 1991. The main objective of disinvestment is to improve financial discipline and facilitate modernisation.
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