Q.
1

Statement 1: Most infrastructure services are provided by public monopolies which generally suffer with severe problems like lack of accountability, low productivity, poor financial performance and over- employment.

Statement 2: There is a need now to induce more private sector investment and participation in provision of social overheads as it may encourage better risk sharing, accountability, monitoring and management of infrastructure sector.

  • A

    Both I and II are correct

  • B

    I is correct but II is incorrect 

  • C

    Both I and II are incorrect

  • D

    I is incorrect but II is correct