MINERAL AND ENERGY RESOURCES IN INDIA
MINERALS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Industry owned by one individual is ____
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private sector industry
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co-operative industry
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public sector industry
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joint sector industry
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Explanation:
Detailed explanation-1: -Private sector industries are owned and operated by individuals or a group of individuals.
Detailed explanation-2: -The private sector is the part of the economy that is run by individuals and companies for profit and is not state controlled. Therefore, it encompasses all for-profit businesses that are not owned or operated by the government.
Detailed explanation-3: -Plumbers, technicians, contractors, developers and designers – Examples of private sector.
Detailed explanation-4: -TISCO is private sector Industry.
There is 1 question to complete.