Which of the following statements is/are correct with reference to the Privatization of PSUs?
A. Niti Aayog recently submitted to the Core Group of Secretaries on Disinvestment the finalised names of PSU banks to be privatised in the current fiscal as part of the disinvestment process.
B. Privatization of banks is a process of transferring the management and ownership from the government to the private sector.
C. Both A & B
D. None of these
Explanation:
Niti Aayog recently submitted to the Core Group of Secretaries on Disinvestment the finalised names of PSU banks to be privatised in the current fiscal as part of the disinvestment process. Privatization of banks is a process of transferring the management and ownership from the government to the private sector. And monetary policy is decided after analyzing the economic situation of the country to make sure that interest rates are not too high or too low.
