Question

Indian Railways is a:
(a) Private unit (b) Public unit
(c) Sole proprietorship (d) Partnership

Answer 1

Indian Railways are public unit

Answer 2

Answer:

Indian Railways is a Public Unit or a state owned enterprise.

Option (a).

Explanation:

Public Units are basically defined as the state owned companies which are open to each and every resident in the state. India has had a significant boom in the public sector conditions since the Industrial Policy Resolution of 1965.

Railways is one company who’s control was transferred after the end of colonial era. Railways became an Indian State owned property which is another word of public unit companies.  Railways form a big chunk of the public sector industries in India along with companies like ONGC & BHEL.