SSC
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Railway is an example of:
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Private Sector
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Public Sector
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Secondary Sector
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None of these
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Explanation:
Detailed explanation-1: -Railways is a public sector undertaking as it is set up and run by the Government of India. It is not owned by private individuals.
Detailed explanation-2: -The railway line is an example of parallel lines.
Detailed explanation-3: -Indian railways in an example of monopoly as there is so close substitute for Indian railways which provide transportation at such nominal rates.
There is 1 question to complete.