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Question
Answer in one sentence.
What is Private Sector?
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Solution
Private sector business which is owned by private individuals or groups of individuals is termed as private sector organisation.
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RELATED QUESTIONS
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. | ||
Give one word/phrase/term.
Organisations which are owned by individual or group of individuals.
Give one word/phrase/term.
Organisations which are owned by the government
Give one word/phrase/term.
The sector which aims at providing reliable services to customers.
State True or False.
Private sector Organisations are owned by individuals or groups of individuals.
State True or False.
Public sector Organisations are owned by government.
Find the odd word out.
Life Insurance Corporation, Reserve Bank of India, Bharat Heavy Electricals Limited, ONGC
Find the odd word out.
Correct the underlined word and rewrite the following sentence.
Private sector aims at providing essential services to customers.
Explain the following term/concept.
Public Sector Organisation.
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. | ||
Which organisation is an example of the public sector in India?
Which of the following statements is true for the private sector?
