| Assertion [A] Selling off part of the equity of PSXJs to the public is called disinvestment. |
| Reason [R] Disinvestment raises resources for the budget in order to reduce the fiscal deficit and provide funds for modernisation of PSUs. |
A) Both Assertion [A] and Reason [R] are true and Reason [R] is the correct explanation of Assertion [A]
B) Both Assertion [A] and Reason [R] are true, but Reason [R] is not the correct explanation of Assertion [A]
C) Assertion [A] is true, but Reason [R] is false
D) Assertion [A] is false, but Reason [R] is true
Correct Answer: A
Solution :
Both Assertion [A] and Reason [R] are true and Reason [R] is the correct explanation of Assertion [A]
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