Loss-making and sick public enterprises were referred after 1991 to the:
ASEBI
BRBI
CBIFR
DFIPB
Answer & Solution
Correct answer: C. BIFR
1. It stands for Board of Industrial and Financial Reconstruction.
2. Sick PSUs went to the BIFR.
3. Planned disinvestment was adopted.
_Source: syllabus Business Studies, Chapter 3, Business Environment._
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