Question : Fill in the blanks- _________ means the transfer of ownership, management, and control of public sector enterprises to private enterprises.
Option 1: Liberalisation
Option 2: Privatisation
Option 3: Globalisation
Option 4: None of the above.
Correct Answer: Privatisation
Solution : Privatization can suggest several things including the migration of something from the public sector to the private sector. Privatization means the transfer of ownership, management, and control of public sector enterprises to private enterprises. Privatization can suggest several things including the migration of something from the public sector to the private sector. Hence Option B is correct.
Question : Common property resources are characterized by:
Option 1: Private ownership and individual management
Option 2: Open access with no rules or regulations
Option 3: Collective management by a community or group
Option 4: Government control and centralization
Question : The governance of common property resources involves:
Option 1: Unilateral decision-making by external authorities
Option 2: Democratic participation and collective management by the community
Option 3: Privatization and individual ownership of resources
Option 4: Centralized control by the government without community input
Question : Case Study 32
RST Enterprises is a conglomerate that wants to trade its shares on a stock exchange. The company's management is in the process of selecting a brokerage firm.
Question :
What role does the selected brokerage firm play in the trading process for RST Enterprises?
Option 1: Matching buy and sell orders
Option 2: Transferring ownership of shares
Option 3: Facilitating transactions
Option 4: Listing on stock exchange
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