alleryStart learning →After which event did the government begin divesting ownership of several PSUs?
AThe 1991 payment crisis
BThe 1962 border war
CThe 1975 Emergency
DThe 1950 Constitution
Answer & Solution
Correct answer: A. The 1991 payment crisis
After the 1991 crisis the government sold stakes in some PSUs to raise capital and privatise poor performers.
Keep practising Overview of Audit of Public Sector Undertakings
Browse all Overview of Audit of Public Sector Undertakings questions for CA Final, or explore more Auditing topics.
Related questions
Section 23 empowers the CAG to make regulations onRules under Section 22 are laid before Parliament for a total period ofSection 20 entrusts an audit to the CAG only where it is expedient inUnder Section 20(1), the CAG audits a body not entrusted to him by law if requested byUnder Section 19A, the Centre lays CAG company reports beforeBefore a Section 19(3) request is made, the corporation must be given a chance toUnder Section 19(3), who may request the CAG to audit a corporation created by State law?Under Section 19(2), a statutory corporation of Parliament is audited by the CAG per its