Read the two statements and choose the correct option.
I. Critics argue that public sector assets were sometimes sold for less than they were worth.
II. Money from disinvestment was always used to develop the public sector firms that were sold.

Only ICorrect answerYour answerOnly IICorrect answerYour answerBoth I and IICorrect answerYour answerNeither I nor IICorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer A

Correct answer: A

Undervaluation of assets is a common criticism: I is true.
The money was often used to make up the government's revenue shortfall, so II is false.

Ten questions from Economic Reforms since 1991 (LPG), at your own pace.

Ten questions from Economic Reforms since 1991 (LPG), at your own pace.

Read the two statements and choose the correct option.I. Critics argue that public sector assets were sometimes sold for less than they were worth.II. Money from disinvestment was always used to develop the public sector firms that were sold.