| Consider the following statements about Board for Reconstruction of Public Sector Enterprises (BRPSE). |
| 1. It was established in December 2004 |
| 2. Its function is to advice the government about sick and loss-making central public sector enterprises |
| 3. In many cases, it has advised for cash-less revival of these units. |
| Which of the statements is/are correct? |
A) Only 1
B) Only 1 and 2
C) Only 2 and 3
D) All 1, 2, and 3
Correct Answer: D
Solution :
[d] Board for Reconstruction of Public Sector Enterprises (BRPSE) was established in December 2004 as an advisory body to advise the Government on the strategies, measures and schemes for strengthening, modernizing, reviving and restructuring of public sector enterprises. The Centre in November 2015 has wound up the Board for Reconstruction of Public Sector Enterprises (BRPSE) as part of its new strategy to revive and disinvest sick public sector units.
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