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Question
Consider the following statements:
  1. The government has approved revival of 7 sick central PSUs through disinvestment or joint venture route.
  2. It includes HMT Machine Tools and Tyre Corporation, Tungabhadra Steel Products, HMT Bearings, Richardson & Cruddas Ltd, Central Inland Water Transport Corp and Hoogly Docks & Port Engineers Ltd.
Which of the statements given above is/are correct?
Options:
A .  2 only
B .  Both 1 and 2
C .  1 only
D .  Neither of the above
Answer: Option B
Answer: (b)Board for Reconstruction of Public Sector Enterprises (BRPSE) was established in 2004 for this purpose.

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