SSC
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Government owns most of the assets and provides all the services:
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Private Sector
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Public Sector
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Organised Sector
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Tertiary Sector
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Explanation:
Detailed explanation-1: -The public sector is that part of the economy which is concerned with providing different government services. The government owns most of the assets and provides all the services of the public sector.
Detailed explanation-2: -Public Sector Undertakings (PSUs) are government owned establishments, which are established and owned by the Government of India or State governments of India.
Detailed explanation-3: -The industries owned and operated by the government agencies are called public sector industries. Usually, public sector industries are involved in economically important activities and demand huge capital investment.
There is 1 question to complete.