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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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Organisations which are owned by the government
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The sector which aims at providing reliable services to customers.
Give one word/phrase/term.
Organisations which are owned, financed, managed and controlled by government or combination of government.
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
Correct the underlined word and rewrite the following sentence.
Private sector aims at providing essential services to customers.
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) | 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?
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?
