Question

Classify the industries on the basis of ownership and give at least one example one each case.​

Answer 1

on the basis of ownership industries are classified into :-

a) public sector

b) joint sector

c) Co-operetive sector

d)private sector

public sector=Hindustan Aeronautics Limited

joint sector =Maruti Udyog Limited

Co-operative sector =Sudha Diary

private sector =TISCO

Answer 2

On the basis of ownership, industries can be classified as follows:

Private Sector: These are owned and operated by individuals or a group of individuals, e.g. TATA and Reliance.

Public Sector: These are owned by the government or government agencies, e.g. SAIL, HAL, etc.

Joint Sector: These are jointly owned by the government and private owners, e.g. Delhi Metro, Maruti, etc.

Cooperative Sector: When workers or producers join together to form a company in which profit and workload are equally shared, it is called a cooperative, e.g. Amul, etc