18. Identify the correct answer from the alternatives provided. Both Wipro and Reliance Industries are owned by: (a) The government (b) Private company (c) A cooperative society (d) Jointly by private companies and the government.
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Answer:
cooperative society [option-C]
Explanation:
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Both Wipro and Reliance Industries are owned by a cooperative society.
Explanation:
- Reliance and Wipro are owned by cooperative societies.
- A cooperative society is referred to as one which is owned by individuals together.
- They work together for the betterment of society.
- Both Wipro and Reliance is a cooperative type of society.
- whereas other options such as private, government societies are the ones that are owned by private individuals and government respectively.
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