Privatisation refers to
A. Withdrawal of the government from the ownership and management of a public sector undertaking.
B. Outright sale of a public sector undertaking to individuals or group of individuals.
C. Dereserving the industrial and service activities which were earmarked for only public sector.
1
Only A
2
Only B
3
Both A and B
4
More than one of the above
5
None of the above