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Question
Give one word/phrase/term.
Organisations which are owned by individual or group of individuals.
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Solution
Private sector Organisations
Explanation:
Private sector organisations are those that are owned, managed, and controlled by an individual or a group of individuals. They operate with the main objective of earning profit and are not owned by the government.
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RELATED QUESTIONS
Give one word/phrase/term.
Organisations which are owned, financed, managed and controlled by government or combination of government.
State True or False.
Private sector Organisations are owned by individuals or groups of individuals.
State True or False.
The private sector aims at providing reliable services to customers.
Find the odd word out.
Find the odd word out.
Answer in one sentence.
What is Private Sector?
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) | 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?
Which of the following statements is true for the private sector?
Who described public enterprise as state ownership and operation in various sectors?
