Why is the Government of India disinvesting its equity in the Central Public Sector Enterprises (CPSEs)?1.The Government intends to use the revenue earned-from the disinvestment mainly to pay back the external debt.2.The Government no longer intends to retain the management control of the CPSEs.3.Which of the statements given above is/are correct?

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Why is the Government of India disinvesting its equity in the Central Public Sector Enterprises (CPSEs)?
1.The Government intends to use the revenue earned-from the disinvestment mainly to pay back the external debt.
2.The Government no longer intends to retain the management control of the CPSEs.
3.Which of the statements given above is/are correct?

I only

2 only

Both 1 and 2

Neither 1 nor 2

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The Reserve Bank of India (RBI) acts as a bankers' bank. This would imply which of the following?
1.Other banks retain their deposits with the RBI.
2.The RBI lends funds to the commercial banks in times of need.
3.The RBI advises the commercial banks on monetary matters.
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