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Privatization does not necessarily increase competition; it may lead to monopolies or oligopolies in certain sectors. However, it improves efficiency, reduces government control, and provides additional revenue for the government. Key Points: 1. Privatization transfers ownership from the public to the private sector. 2. Leads to increased efficiency due to profit motives. 3. Can result in monopolies without proper regulatory mechanisms. 4. Helps governments reduce fiscal burdens. 5. Examples include telecom, aviation, and power sectors in India. Bee Facts: • Increased competition (a): Incorrect; may not always result from privatization. • Improved efficiency (b): A primary benefit of privatization. • Reduces government revenue dependency (c): True; government earns through disinvestment. • Reduced government interference (d): Encourages market-driven decisions.
(i) To __________ proclamation of emergency by the President, the phrase ‘armed rebellion’, in the Article 39 of the Constitution, has been ...
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Bengaluru is a beautiful city which ______ the modern with the traditional.
As a resident _____ Los Angeles, it was rather unnerving ________ I had not tried to get on any of the shows available locally. _______ Ellen DeGeneres...
Ramesh needs to go into a deep ___________ in order to chalk out a fruitful plan for the future.
(A) discussion ...
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Adopting green technologies in power generation, which has a lock-in effect lasting decades, and other areas like transport with immediate impacts such...
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The pleasant ______ of the rain as it fell on the dust made me feel nostalgic.
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If only we_______a light! It is depressing to wait in the dark.
A fundamental challenge, of course, is how to __________ the social democratic norms within the institutes, representative of Indian diversity and plur...
Despite the efforts to make the designs more unique, the new products are still considered ___________ (distinct) from the old ones.
