Question

18. Which of the following roles are played by the public sector in the economy? a. Regional balance b. Economies of scale c. Check over concentration of economic power d. Primary motive is to earn profit e. Development of infrastructure

Answer 1

Hello !

All of these .

Hope It Helps u :)

Answer 2

In this question, we need to tell which role is not played by the public sector.

• Option D is correct i.e. Primary motive is to earn profit.
• This is not the role played by the public sector as their main motive is social welfare not earning profit and the private sector aims at profit earning.
• Regional balance is the role of the public sector as it is the function of government to remove regional disparities.
• Economies of scale are a function of the public sector as large-scale industries are required to be set up with huge capital outlay, the public sector had to step in to take advantage of economies of scale.
• Check over-concentration of economic power is also a function of the public sector as they need to check over the private sector.
• The development of infrastructure is a prerequisite for industrialization in any country. It was only the government that could mobilize huge capital.

CORRECT QUESTION-

 Which of the following roles are not played by the public sector in the economy?

a. Regional balance

b. Economies of scale

c. Check over-concentration of economic power

d. Primary motive is to earn profit

e. Development of infrastructure  

PROJECT CODE #SPJ3