Industries that operate more for public benefit than for making profits are called-
a. Joint sector industries
b. Public sector industries
c. Cooperative sector industries
d. Private sector industries
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Explanation:
Examples of private sector include sole proprietorship, partnership, Joint ... Describe the Industrial Policy,1991, towards the public sector. ... These groups were called schedule A,B,C.
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Industries that operate more for public benefit than for making profits are called -
A. Joint sector industries
B. Public sector industries
C. Cooperative sector industries
D. Private sector industries
Explanation:
The correct answer is Public Sector Industries - Option B
- Public-Sector Industries are owned by the Government, which acts for the welfare of the public.
- Some of the Public Sector Industries in India are Electricity, Gas and oil, Law Enforcement, Public Roads, Tunnels, Bridges, Public transports, etc.,
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