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Question
Give one word/phrase/term.
The sector which aims at profit maximization.
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Solution
Private sector
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RELATED QUESTIONS
Give one word/phrase/term.
Organisations which are owned by individual or group of individuals.
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The sector which aims at providing reliable services to customers.
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Public sector Organisations are owned by government.
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The private sector aims at providing reliable services to customers.
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Life Insurance Corporation, Reserve Bank of India, Bharat Heavy Electricals Limited, ONGC
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State True or False.
Public enterprises are owned, managed and controlled by the public.
Answer in one sentence.
What is Public Sector?
Answer in one sentence.
What is Private Sector?
Explain the following term/concept.
Private Sector Organisation.
Distinguish Between.
Private Sector Organisation and Public 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) | Department Organisation | 3) | Service Motive |
| D) | Private Sector | 4) | Railway |
| E) | Public Sector | 5) | Profit Motive |
| 6) | 51% paid up capital by govt. |
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?
During which historical stage did the formalised growth of public sector enterprises occur in India?
