Question
Statement:During 1997-98 the total loss incurred by the 1 1 1 public sector units was to the tune of Rs. 6809 crores which has converted into paid capitals by the government of its total investment of Rs. 5129 crores.Conclusions:I. The government is left with only one option, that is, to privatise these units.II. The government did not take care in the matter of investments in these public sector units.
Answer: Option D
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