Token privatisation or deficit privatisation of public sector

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Token privatisation or deficit privatisation of public sector units occurs when the government sells

1. 5% of shares
2. 10% of shares
3. 49% of shares
4. 51% of shares

Correct Option: A

Token privatisation or deficit privatisation of public sector units occurs when the government sells 5% to 10% of its shares. The government disinvests to meet the deficit in the budget.