The Economic Advisory Council to the Prime Minister (PMEAC) in India has recommended phased dilution of Government stake in Public Sector Banks from :

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Q: 32 (CAPF/2014)
The Economic Advisory Council to the Prime Minister (PMEAC) in India has recommended phased dilution of Government stake in Public Sector Banks from :

question_subject: 

Economics

question_exam: 

CAPF

stats: 

0,20,30,14,20,4,12

keywords: 

{'public sector banks': [0, 0, 0, 4], 'phased dilution': [0, 0, 0, 1], 'government stake': [0, 0, 0, 1], 'economic advisory council': [0, 0, 0, 1], 'pmeac': [0, 0, 0, 1], 'prime minister': [6, 3, 0, 4]}

The correct answer is option 2: "58% to 51%". The Economic Advisory Council to the Prime Minister (PMEAC) in India has suggested a phased dilution of the government`s stake in public sector banks. Dilution refers to reducing the government`s ownership in these banks by selling some of its shares to the public or private investors.

Option 1 states a dilution from 74% to 56%, which is incorrect. Option 3 suggests a dilution from 58% to 49%, which is also incorrect. Option 4 proposes a dilution from 51% to 49%, which does not align with the recommendation made by the PMEAC.

The recommendation of the PMEAC to reduce the government`s stake from 58% to 51% is aimed at promoting the efficiency and competitiveness of public sector banks. It is believed that reducing government control can lead to better governance and decision-making in these banks. This move can also attract private investors and improve the overall financial health of these banks.

In summary, the correct answer is option 2, as it accurately reflects the PMEAC`s recommendation of reducing the government`s stake in public sector banks from 58% to 51%.

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