Statement : Many public sector undertaking have been making losses for the past few years and the situation is equally bad in the current year
Courses of action : I. These loss making public sector companies should immediately be closes down.
II. The Govt. should count for potential buyers in the private sector to sell these companies to get back part of the investments made by the Govt.
III. All the employees of these companies should be retrenched with adequate compensation and the fixed assets may be put up for sale

Options

A. Only (II) and (III) follows
B. Only (II) follows
C. Only (III) follows
D. None of these

Answer

B

Explanation

I. is not valid as making loss of companies may be due to uncapability to run them so it will be better to sell these companies to private sector to provide a chance than to close down then and govt. also get back pat of investment make in those companies