16 Views

Question : Which committee recommended the disinvestment of public sector enterprises in India?

 

Option 1: Tarapore Committee

Option 2: Raghuram Rajan Committee

Option 3: Narsimham Committee

Option 4: Disinvestment Commission


Recommended : Get important details about BEL First Grade College, Bangalore. Download Brochure
Team Careers360 15th Jan, 2024
Answer (1)
Team Careers360 18th Jan, 2024

Correct Answer: Narsimham Committee


Solution : The correct answer is (c) Narsimham Committee

The Narsimham Committee, also known as the Committee on Financial System Reforms, recommended the disinvestment of public sector enterprises in India. The committee was constituted in 1991 and was chaired by M. Narasimham, a former Governor of the Reserve Bank of India (RBI).

The Narsimham Committee was appointed to provide recommendations for financial sector reforms in India, including the banking sector, capital markets, and public sector enterprises. One of the key recommendations put forth by the committee was the disinvestment of public sector enterprises to promote efficiency, competitiveness, and to reduce the fiscal burden on the government.

The committee highlighted the need to reduce the government's involvement in non-strategic sectors and advocated for the sale of equity in public sector enterprises to the private sector. The objective was to bring in private ownership, management, and market discipline to improve the performance and efficiency of these enterprises.

Compare Colleges

College Comparison based on Courses, Placement, Rank, Fee

Compare Now

Know More About

Related Questions

RV University, Bangalore | BC...
Apply
Comprehensive education for the tech-driven era. Cutting-edge labs and facilities. Merit-based scholarships available
RV University, Bangalore | B....
Apply
High-quality global education at an affordable cost. International exchange programs & collaborations
University of Southampton Del...
Apply
B.Sc (Hons) Admissions 2026 Now Open | Ranked Among the Top 100 Universities in the World by QS World University Rankings 2025
Amity University-Noida B.Com ...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
Amity University-Noida BBA Ad...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
Manav Rachna-MRIIRS B.A Admis...
Apply
Recognized as Category-1 Deemed to be University by UGC | 41,000 + Alumni Imprints Globally | Students from over 20+ countries
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books