SSC CGL 2024 PYQ — Question 40

SSC CGL - 19 Sep 2024 - Shift 2 • General Awareness • Q40

What is the disinvestment target of the Finance Ministry for the year 2023-24?

Show answer & explanation

Correct answer: D

Explanation

The correct answer is option 4 i.e. ₹51,000 crore.

The disinvestment target set by the Finance Ministry of India for the year 2023-24 is ₹51,000 crore. This target is part of the government's strategy to reduce fiscal deficit and promote the privatization of public sector enterprises. The funds raised through disinvestment are intended to be utilized for infrastructure development, welfare schemes, and strengthening the economy. The government aims to enhance efficiency, improve the performance of state-owned enterprises, and generate revenue for national growth through this disinvestment program.