ECONOMICS (CBSE/UGC NET)

ECONOMICS

MARKET FAILURES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
SBB is an example of a company in the ____
A
Public sector
B
Private sector
C
Third sector
D
None of the above
Explanation: 

Detailed explanation-1: -On 1 January 1999 the Swiss Federal Railway has been excluded from the Federal Administration and became a fully state-owned (the federal state owns 100% of all shares) limited company regulated by public law (German: öffentlich-rechtliche Aktiengesellschaft).

Detailed explanation-2: -Company SBB // Stefanie Batten Bland is an intercontinental dance-theatre company whose interdisciplinary creations for stages, spaces, and films question contemporary and historical cultural symbolism-and the complexities of human relationships.

Detailed explanation-3: -In 1901 the major railways were nationalised to form Swiss Federal Railways.

Detailed explanation-4: -It is a subsidiary of Swiss Federal Railways, the state railway company of Switzerland. It operates various S-Bahn services in Baden-Württemberg near the border with Switzerland, some of which service stations in Switzerland.

There is 1 question to complete.