Assertion (A): The policy of converting public ownership of an asset to private ownership is Privatisation. Reason (R): There is no sale of shares of Public Sector Undertaking.

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KollegeApply · Accepted Answer

(A) is true and (R) is false. Explanation: Privatisation means transferring ownership, assets, or management of public sector enterprises to private parties, usually by selling shares of Public Sector Undertakings (PSUs). Since the reason mentions that there is no sale of shares, it is incorrect. Therefore, the assertion is true, but the reason is false.

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