Indian Economy MCQs

Q.  What does Public sector in an economy means?

a. That which is owned by community
b. That which is owned by public
c. That which is owned by government
d. Both a and b


ANSWER: See Answer
 
The Public Sector in an economy is that which are owned and operated by the government and exist to provide services for its citizens. They are government-owned and government-controlled and doest exist to generate profits.
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