Which of the following statements about privatisation is FALSE?
1
Improved performance is one of the advantages of privatisation.
2
There is no possibility of exploitation of monopoly power by private companies after privatisation.
3
There was an increase in the cases of disinvestment after the economic reforms of 1991 as compared to the pre-1991 period.
4
Maruti Udyog Limited was a public sector enterprise before the 1991 economic reforms.