Question:
The three most heavily loss-making state-owned enterprises in Sri Lanka at present are
(1) Ceylon Electricity Board, National Lotteries Board and State Engineering Corporation.
(2) Sri Lankan Airlines Ltd., Ceylon Electricity Board and Ceylon Petroleum Corporation.
(3) Sri Lankan Airlines Ltd., Sri Lanka Ports Authority and Lanka Sathosa Ltd.
(4) Ceylon Electricity Board, Sri Lanka Insurance Corporation and State Pharmaceuticals Corporation.
(5) Sri Lanka Transport Board, National Savings Bank and Lanka Sugar Company Ltd.
Correct Answer:
(2)
Answer Explanation:
Historically and systematically, the ‘Big Three’ State-Owned Enterprises (SOEs) responsible for the vast majority of government fiscal bleed and accumulated sovereign debt in Sri Lanka have been the Ceylon Petroleum Corporation (CPC), the Ceylon Electricity Board (CEB), and SriLankan Airlines.
Topic: Sri Lankan Economy Year: 2021
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