BANKING AFFAIRS

Detailed explanation-1: -public sector, portion of the economy composed of all levels of government and government-controlled enterprises. It does not include private companies, voluntary organizations, and households.

Detailed explanation-2: -The public sector is a part of the economy that comprises all organizations that are owned and operated by the government. This includes everything from schools and hospitals to roads and bridges. The main purpose of the public sector is to provide services that are considered essential for the well-being of society.

Detailed explanation-3: -Public sector organizations are owned and managed by the government. The service and manufacturing sectors are present in both private and public sectors.

Detailed explanation-4: -Public sector organisations are owned by the government. They provide goods and services for the benefit of the community. They are run by the government.

Detailed explanation-5: -Public sector organizations means government entities, such as national governments, national agricultural research institutions, publicly funded international agriculture research centers, and publicly funded educational institutions.