The Economic Advisory Council to the Prime Minister (PMEAC) in India has recommended phased dilution of Government stake in Public Sector Banks from :
74% to 56%
58% to 51%
58% to 49%
51% to 49%
Answer is Wrong!
Answer is Right!
This question was previously asked in
UPSC CAPF – 2014
The recommendation aimed at diluting government control and increasing autonomy.
The target percentage for dilution was proposed to go below 51%.
A frequently cited figure for the target was 49%.