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Privatization implies the shedding of the ownership or management of a government-owned enterprise i.e. liquidation of the assets. The purpose of the sale is mainly to improve financial discipline and facilitate modernization. Government companies are converted into private companies in two ways: By the withdrawal of the government from ownership and management of public sector companies and/or by the outright sale of public sector companies.
A bank listing its Additional Tier 1 (AT1) bonds on an international financial services center (IFSC) is primarily doing so to:
Which of the following statements is/are true with respect to the grant provided under Vivad se Vishwas - I scheme?
I. The Finance Ministry annou...
According to the International Labour Organization (ILO) report, what is the projected global unemployment rate for the year 2024?
Which financial services company has launched electronic bank guarantee services for its MSMEs and corporate clients in association with National E-Gove...
Who is the author of the book “Fearless Governance” which was released recently?
What is the primary aim of the "Kasturi Cotton Bharat" initiative launched by Piyush Goyal, the Union Minister of Textile, Commerce & Industry, Consumer...
Which company has launched the India 6G program and formed an India 6G Research Team at its Chennai R&D Center?
Which scheme is a merged initiative comprising Pradhan Mantri Adarsh Gram Yojana (PMAGY), Special Central Assistance to Scheduled Castes Sub Plan (SCA t...
According to the recent meeting of Monetary Policy Committee in February 2023, Repo Rate hiked by how much basis points?
What percentage reduction was recorded in India’s Maternal Mortality Rate (MMR) under NHM?