Department of Investment and Public Asset Management (DIPAM)
Indian Polity & Governance
- PYQs8
- Articles1
Background
Essential for understanding the institutional framework governing public sector enterprises, government's economic policy implementation, and public finance management.
The Department of Investment and Public Asset Management (DIPAM) is a department under the Ministry of Finance, Government of India, serving as the nodal agency for all matters relating to the management of Central Government investments in equity, including disinvestment of Central Public Sector Undertakings (CPSUs).
Facts & tables
- Parent Ministry
- Ministry of Finance, Government of India.
- Core Mandate
- Formulate and implement disinvestment policy, manage government equity in PSUs, asset monetization.
- Key Functions
- Strategic disinvestment, minority stake sales, capital restructuring of PSUs, financial appraisal of PSUs.
| Type | Reference |
|---|---|
| Conceptual area | Indian Economy |
Prelims angle
Prelims angle: Factual recall
Prelims angle: Institutional roles and functions
- Under Ministry of Finance.
- Nodal agency for PSU disinvestment.
- Manages government equity in PSUs.
- Formulates disinvestment policy.
- Key to asset monetization.
Ministry sets policy; regulator often has quasi-judicial powers.
| Year | Framing tags |
|---|---|
| 2022 | Multi-statement analysis, Institutional roles and functions |
| 2021 | Factual recall, Institutional roles and functions |
| 2021 | Factual recall, Multi-statement analysis |
| 2017 | Conceptual understanding, Institutional roles and functions |
| 2017 | Conceptual understanding, Definition-based questions |
| 2015 | Factual recall, Institutional roles and functions |
| 2015 | Conceptual understanding, Institutional roles and functions |
| 2014 | Institutional roles and functions, Multi-statement analysis |
Timeline
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Indian Economy
Conceptual area
-
Prelims 2014
Institutional roles and functions, Multi-statement analysis
-
Prelims 2015
Factual recall, Institutional roles and functions
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Prelims 2015
Conceptual understanding, Institutional roles and functions
-
Prelims 2017
Conceptual understanding, Institutional roles and functions
-
Prelims 2017
Conceptual understanding, Definition-based questions
-
Prelims 2021
Factual recall, Institutional roles and functions
-
Prelims 2021
Factual recall, Multi-statement analysis
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Prelims 2022
Multi-statement analysis, Institutional roles and functions
-
Govt to sell 5% stake in Cochin Shipyard at ₹1,400/share via OFS
Ministry of Finance department managing government investments in PSUs, primarily through disinvestment and asset monetization.
See also
Past papers
2014–2022 · 8 questions
In the news
Govt to sell 5% stake in Cochin Shipyard at ₹1,400/share via OFS
Ministry of Finance department managing government investments in PSUs, primarily through disinvestment and asset monetization.
Try these PYQs
At the national level, which ministry is the nodal agency to ensure effective implementation of the Scheduled Tribes and other Traditional Forest Dwellers (Recognition of Forest Rights) Act, 2006?
At the national level, the Ministry of Tribal Affairs is the nodal agency to ensure effective implementation of the Scheduled Tribes and Other Traditional Forest Dwellers (Recognition of Forest Rights) Act, 2006.
With reference to the Union Government, consider the following statements:
1. N. Gopalaswamy Iyengar Committee suggested that a minister and a secretary be designated solely for pursuing the subject of administrative reform and promoting it.
2. In 1970, the Department of Personnel was constituted on the recommendation of the Administrative Reforms Commission, 1966, and this was placed under the Prime Minister’s charge.
Which of the statements given above is/are correct?
Statement 1 is incorrect. Sh. N. Gopalaswamy Ayyangar, in his Report namely Reorganization of the Machinery of Central Government in 1950 recommended for the grouping of ministries, improvement in the capabilities of the personnel, and also in the working of the O&M Division. It nowhere mentions that a minister and a secretary be designated solely for pursuing the subject of administrative reform and promoting it. Statement 2 is correct. In 1970, based on the recommendations of the Administrative Reforms Commission, the Department of Personnel was set up in the Cabinet Secretariat. It was placed under the Prime Minister's Office.
Out of the following statements, choose the one that brings out the principle underlying the Cabinet form of Government:
The Cabinet form of Government is a fundamental feature of a parliamentary system, where the executive (Council of Ministers) is collectively responsible to the legislature. This principle is enshrined in Article 75(3) of the Indian Constitution, which states that the Council of Ministers shall be collectively responsible to the Lok Sabha. Key Aspects of Collective Responsibility: - Decisions of the Cabinet are binding on all ministers and even if they personally disagree, they must publicly support them. - If Parliament passes a vote of no confidence, the entire Council of Ministers, including the Prime Minister, must resign. - This ensures accountability, transparency, and democratic control, preventing arbitrary rule by the executive. Hence, the correct answer is option C.
Which of the following is/are the function/functions of the Cabinet Secretariat?
1. Preparation of agenda for Cabinet Meetings
2. Secretarial assistance to Cabinet Committees
3. Allocation of financial resources to the Ministries
Select the correct answer using the code given below.
Statement 1 is correct: The Cabinet Secretariat is responsible for the preparation of the agenda for Cabinet meetings and circulation of papers related to Cabinet discussions. Statement 2 is correct: It provides secretarial assistance to Cabinet Committees and ensures implementation of Cabinet decisions through coordination among ministries. Statement 3 is incorrect: The Cabinet Secretariat does not allocate financial resources — that function is performed by the Ministry of Finance through the Budget Division and related departments.
The main advantage of the parliamentary form of government is that -
The main advantage of a parliamentary form of government is that c) the executive remains responsible to the legislature. [Article 75(c)] Here's why the other options are not the main advantage: a) The executive and legislature actually work closely together in a parliamentary system, as the executive is drawn from the legislature.
b) Continuity of policy can be a benefit, but it's not the main advantage. Parliamentary systems can still be efficient in passing laws.
d) The head of government (Prime Minister) can be changed through a vote of no confidence in the legislature.
Show 3 more PYQs
In India, what is the role of the Coal Controller's Organization (CCO)?
1. CCO is the major source of Coal Statistics in Government of India.
2. It monitors progress of development of Captive Coal/Lignite blocks.
3. It hears any objection ' to the Government's notification relating to acquisition of coal-bearing areas.
4. It ensures that coal mining companies deliver the coal to end users in the prescribed time.
Select the correct answer using the code given below:
The Coal Controller's Organisation (CCO) is a subordinate office of the Ministry of Coal, having its headquarters at Kolkata and field offices at Dhanbad, Ranchi, Bilaspur, Nagpur, Sambalpur, Kothagudem and Asansol. It collects and maintains coal production data of all private and public sector coal mines in the country. The information is collected every month. Statement 1 is correct. Under the Collection of Statistics Act, 2008 Coal Controller has been made the statistical authority concerning coal and lignite statistics. Entrusted with the responsibility of carrying out the Annual Coal & Lignite survey and publishing of Provisional Coal Statistics and Coal Directory of India. Statement 2 is correct. It is entrusted with the task of monitoring captive mines. Work such as permission for the opening and reopening of coal mines has been entrusted to the CCO. Statement 3 is correct. Under the Coal Bearing Area (Acquisition and Development) Act, 1957- the Coal Controller is the competent authority under this act to hear any objection to the Central Government's Notification relating to the acquisition of coal-bearing land and to furnish his reports to the Central Govt. Statement 4 is incorrect. Ensuring that coal mining companies deliver the coal to end users in the prescribed time is not the function of the Coal Controller's Organization (CCO).
The Government of India has established NITI Aayog to replace the
The Government of India established NITI Aayog to replace the Planning Commission. The Planning Commission was established in 1950 and played a vital role in India's economic development through five-year plans. However, NITI Aayog, formed in 2015, was designed to be a more agile and forward-looking institution compared to the Planning Commission.
There is a Parliamentary System of Government in India because:
(A) is incorrect: Direct election of the lower house is a feature of Representative Democracy. Many Presidential systems (such as the USA) also have directly elected legislatures; therefore, this is not the distinguishing factor of a Parliamentary system. (B) is incorrect: The authority to amend the Constitution is a matter of Constitutional Sovereignty. This power exists in various forms of government, including both Parliamentary and Presidential models. (C) is incorrect: The fact that the Rajya Sabha is a permanent house is a Federal feature intended to maintain the representation of the States. It does not define the relationship between the Executive and the Legislature. (D) is correct: As per Article 75(3) of the Constitution, the Council of Ministers is collectively responsible to the Lok Sabha. This "Collective Responsibility" is the bedrock of the Parliamentary form of government, as the executive's survival depends on the support of the legislature.