Q24 · UPPSC current affairs · 26 September 2026 · PIB · National Land Monetization Corporation NLMC

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In the context of public asset management, 'Non-core assets' typically refer to which of the following?

A Surplus land, residential colonies, or unutilized property not directly required for core operational business activities.
B Intellectual property rights generated by government research laboratories.
C Primary raw materials stockpiled for national defense manufacturing.
D Foreign currency reserves held in sovereign wealth funds.

Correct answer: (a) Surplus land, residential colonies, or unutilized property not directly required for core operational business activities.

Explanation

Option A is correct because non-core assets denote surplus land, residential colonies, or unutilized properties of CPSEs that are not required for their primary business operations. Options A, C, and D are incorrect definitions.

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