Advertisements
Advertisements
Question
Answer in one sentence.
What is Private Sector?
Advertisements
Solution
Private sector business which is owned by private individuals or groups of individuals is termed as private sector organisation.
APPEARS IN
RELATED QUESTIONS
Give one word/phrase/term.
Organisations which are owned by individual or group of individuals.
Give one word/phrase/term.
The sector which aims at profit maximization.
State True or False.
The private sector aims at providing reliable services to customers.
State True or False.
The public sector was undertaken as a part of industrial policy, 1956.
Find the odd word out.
State True or False.
Public enterprises are owned, managed and controlled by the public.
Correct the underlined word and rewrite the following sentence.
Private sector aims at providing essential services to customers.
Explain the following term/concept.
Private Sector Organisation.
Match the pairs.
| Group ‘A’ | Group ‘B’ | ||
| A) | BHEL | 1) | Special Legislature |
| B) | Statutory Corporation | 2) | 49% paid up capital by govt. |
| C) | Departmental Organisation | 3) | Service Motive |
| D) | Private Sector | 4) | Railway |
| E) | Public Sector | 5) | Profit Motive |
| 6) | 51% paid up capital by govt. | ||
Match the pairs.
| Group ‘A’ | Group ‘B’ | ||
| A) | BHEL | 1) | Special Legislature |
| B) | Statutory Corporation | 2) | 49% paid up capital by govt. |
| C) | Departmental Organisation | 3) | Service Motive |
| D) | Private Sector | 4) | Railway |
| E) | Public Sector | 5) | Profit Motive |
| 6) | 51% paid up capital by govt. | ||
Match the pairs.
| Group ‘A’ | Group ‘B’ | ||
| A) | BHEL | 1) | Special Legislature |
| B) | Statutory Corporation | 2) | 49% paid up capital by govt. |
| C) | Departmental Organisation | 3) | Service Motive |
| D) | Private Sector | 4) | Railway |
| E) | Public Sector | 5) | Profit Motive |
| 6) | 51% paid up capital by govt. | ||
Match the pairs.
| Group 'A' | Group 'B' | ||
| A) | BHEL | 1) | Special Legislature |
| B) | Statutory Corporation | 2) | 49% paid-up capital by govt |
| C) | Departmental Organisation | 3) | Service Motive |
| D) | Private Sector | 4) | Railway |
| E | Public Sector | 5) | Profit Motive |
| 6) | 51% paid-up capital by govt. | ||
Match the pairs.
| Group 'A' | Group 'B' | ||
| A) | BHEL | 1) | Special Legislature |
| B) | Statutory Corporation | 2) | 49% paid up capital by govt. |
| C) | Department Organisation | 3) | Service Motive |
| D) | Private Sector | 4) | Railway |
| E) | Public Sector | 5) | Profit Motive |
| 6) | 51% paid up capital by govt. |
Match the pairs:
| Group ‘A’ | Group ‘B’ |
| A) BHEL | 1) Special Legislature |
| B) Statutory Corporation | 2) 49% paid up capital by government |
| C) Departmental Organisation | 3) Service Motive |
| D) Private Sector | 4) Railway |
| E) Public Sector | 5) Profit Motive |
| 6) 51% paid up capital by government |
Which organisation is an example of the public sector in India?
What is the main purpose of a public sector organisation?
Who described public enterprise as state ownership and operation in various sectors?
During which historical stage did the formalised growth of public sector enterprises occur in India?
