Privatization is the transfer of ?
Correct answer: C. government businesses to the private sector
- A. corporately owned businesses to individuals
- B. publicly held stock to private individuals.
- C. government businesses to the private sector
- D. privately owned businesses to the government sector
Explanation
Privatization moves ownership or control of state-owned enterprises from the government to private owners or the private sector. Option a is narrower and does not capture the usual public-to-private transfer.
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About Economy of Pakistan
Pakistan's economy is examined through agriculture, industry, services, trade, remittances, employment, population, poverty and regional development. The topic also covers GDP and national income, inflation, fiscal and monetary policy, taxation, public debt, the balance of payments, energy constraints and structural challenges, including the role of the State Bank and development planning.
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