खाजगीकरण म्हणजे ---- उद्योगात खाजगी मालकी प्रस्थापित करणे होय.

The correct answer is Option B (Publicly owned industry).

Key Points:
• Privatisation (खाजगीकरण) is the process of transferring ownership, property, management, or operational control of a government-owned or publicly owned enterprise/industry to private individuals or entities.
• In economics, establishing private ownership in an already privately owned unit is redundant; privatisation explicitly implies rolling back state ownership in publicly owned industries (सार्वजनिक मालकीचे उद्योग).
• The New Economic Policy introduced in July 1991 adopted privatisation through two primary routes: disinvestment of government equity in Public Sector Undertakings (PSUs) and the opening of areas previously reserved for the public sector to private competition.
• The objective of privatisation is to improve managerial autonomy, capital efficiency, operational productivity, and fiscal consolidation.
• The official MPSC final answer key confirms Option 2 (Publicly owned industry).
• Key Takeaway: Privatisation refers to transferring ownership and management of publicly owned enterprises to private hands.