SSC
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The sectors are classified into public on the basis of:
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Employment conditions
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Ownership of enterprises
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The nature of the economic activity
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Number of workers employed in the enterprise
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Explanation:
Detailed explanation-1: -The industrial sectors are classified into public and private sectors on the basis of ownership of enterprises. Public sectors refers to government owned organisations and private sectors are not government owned.
Detailed explanation-2: -Public sector organisations are owned, controlled and managed by the government or other state-run bodies. Private sector organisations are owned, controlled and managed by individuals, groups or business entities.
Detailed explanation-3: -Public Sector: These are owned by the government or government agencies, e.g. SAIL, HAL, etc. Joint Sector: These are jointly owned by the government and private owners, e.g. Delhi Metro, Maruti, etc.
There is 1 question to complete.