Economics • Indian EconomyMedium
What is the primary objective of the 'National Monetisation Pipeline (NMP)' launched by the Government of India?
A. To unlock value from brownfield public infrastructure assets by transferring operational control to private entities for a specified period✓ Correct Answer
B. To privatize all loss-making public sector undertakings through outright sales
C. To monetize government gold reserves to finance foreign exchange shortfalls
D. To digitize all currency notes and establish a central bank digital currency network
💡 Solution & Explanation
The National Monetisation Pipeline was launched to unlock economic value from brownfield public infrastructure assets by transferring operational control to private entities for a specified period without parting with ultimate ownership. It does not involve outright privatization of loss-making undertakings or managing gold reserves.
More Economics Indian Economy questions
- Analyze the implications of the 'Insolvency and Bankruptcy Code (IBC), 2016'. What primary systemic problem…
- Which central government welfare scheme guarantees up to one hundred days of wage employment in a financial…
- What does the 'Index of Eight Core Industries (ICI)' measure in the Indian economy?
- Which of the following components is included in calculating India's 'Current Account' in the Balance of…
- What is the primary operational mechanism and economic objective of the Insolvency and Bankruptcy Code…