Start learning 50% faster. Sign in now
Privatization does not necessarily increase competition; it may lead to monopolies or oligopolies in certain sectors. However, it improves efficiency, reduces government control, and provides additional revenue for the government. Key Points: 1. Privatization transfers ownership from the public to the private sector. 2. Leads to increased efficiency due to profit motives. 3. Can result in monopolies without proper regulatory mechanisms. 4. Helps governments reduce fiscal burdens. 5. Examples include telecom, aviation, and power sectors in India. Bee Facts: • Increased competition (a): Incorrect; may not always result from privatization. • Improved efficiency (b): A primary benefit of privatization. • Reduces government revenue dependency (c): True; government earns through disinvestment. • Reduced government interference (d): Encourages market-driven decisions.
Which of the following is the correct full form of REIT?
A company earned a profit of Rs. 10,000 during the year. If the marginal cost and selling price of the product are Rs. 2 per unit and Rs. 4 per unit res...
The following information is available about CrismsonCoporation. Study it carefully to calculate the basic EPS for the year ended Marc,31, 2015.
...
Calculate net working capital?
What is the formula for calculating operating leverage?
Calls in arrear is shown in Balance Sheet as?
In ABC analysis, A, B and C stand for:
Which of the following concepts says that the business is different and the owner is different?
Section 24 (a) prescribes the standard deduction from NAV of a sum equal to?
Which of the following insurance contracts is likely to have a significant insurance risk component?