​Which concept is related to the disposal of the equity of public sector units in the market for covering the fiscal deficit of the central government?​

Correct option is C

• The concept of disinvestment is related to the disposal of equity from public sector units (PSUs) in the market to cover the fiscal deficit of the central government.
• Disinvestment refers to the selling of the government's stake in public sector undertakings (PSUs) and other assets.
• It is a process by which the government sells a part or whole of its shareholding in a public sector enterprise to private entities or the public.

Incorrect options explanation:

• Liberalisation, simply put, refers to the relief of state restrictions within the areas of social, political, and economic policies. Liberalization in economic policy focuses on the reduction of government laws and restrictions in place to encourage greater participation by private entities.
• Denationalization, which is a form of privatization, is the process of turning over publicly owned and operated businesses or services to private companies. A government may denationalize a single industry, such as rail transportation, if it is deemed to be a more efficient and cost-effective way to provide a service.
• Globalization describes the growing interdependence of the world's economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information. Countries have built economic partnerships to facilitate these movements over many centuries.