Assertion (A). Private location process leads to change in management with change in ownership.
Reason (R). Change in management is not a necessary condition for the process of privatisation. A. Both (A) and (R) are correct.
B. (A) is correct but (R) is incorrect.
C. (A) is incorrect but (R) is correct.
D. Both (A) and (R) are incorrect.
Reason (R). Change in management is not a necessary condition for the process of privatisation. A. Both (A) and (R) are correct.
B. (A) is correct but (R) is incorrect.
C. (A) is incorrect but (R) is correct.
D. Both (A) and (R) are incorrect.