Consider the following statements with respect to the purpose of privatisation:

(i) It improves financial discipline.

(ii) It facilitates modernization.

(iii) It helps in improving performance of the PSUs.

Choose the correct answer.  

1
All (i), (ii) and (iii) are true 
2
Only (ii) is true
3
Only (iii) is true
4
Only (i) is true

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