Question

TISCO belongs to private or public sector?

Answer 1

It is a private sector as it is owned by an person.  And is not a governmental property

Answer 2

Answer:

Tata Iron and Steel Corporation is known as TISCO. It is a privately held corporation.

Explanation:

• Examples of the public sector include railroads and post offices, whereas privately owned businesses include Tata Iron and Steel Company Limited (TISCO) and Reliance Industries Limited (RIL).
• Public goods and governmental services such as the armed forces, law enforcement, infrastructure, public transportation, public education, together with health care and those employed by the government itself, such as elected officials, are all considered to be part of the public sector.
• The area of the economy that is not under state control and is conducted for profit by people and businesses is known as the private sector.
• All for-profit companies that are not owned or run by the government are therefore included.

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