SSC MTS EXAM

SSC

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Both TISCO and Reliance Industries are owned by:
A
The government
B
Private company
C
A cooperative society
D
Jointly by private companies and the govt.
Explanation: 

Detailed explanation-1: -Companies like Tata Iron And Steel Company Limited (TISCO) or Reliance Industries Limited (RIL) are privately owned.

Detailed explanation-2: -Reliance Industries Limited is a Fortune 500 company and the largest private sector corporation in India.

Detailed explanation-3: -Private sector industries are owned and operated by individuals or groups of individuals. For example Tata Iron and Steel Company Limited (TISCO), now known as Tata Steel is involved in steel production.

Detailed explanation-4: -TISCO stands for Tata Iron and Steel Corporation. It is a private sector owned company.

There is 1 question to complete.