Question

defination of private sector​

Answer 1

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The private sector is the part of the economy, sometimes referred to as the citizen sector, which is owned by private individuals or groups, usually as a means of enterprise for profit, rather than being owned by the state.

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Answer 2

it's your ans-

The part of the national economy that is not under direct state control.

The private sector is the part of the economy, sometimes referred to as the citizen sector, which is owned by private individuals or groups, usually as a means of enterprise for profit, rather than being owned by the state.

Example:

ICICI Bank Limited, ITC Limited, HDFC Bank Limited, Wipro etc.

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