Question

What do you mean by Public Sector Enterprises? Give its types.

Answer 1

Answer:

Public sector enterprises

Public Sector Enterprises are those undertakings which are owned, managed and controlled by the Government on behalf of public.

Public Sector Enterprises covers industrial and commercial undertakings which are set up with the basic purpose of to promote social welfare.

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Answer 2

Answer:

The term public sector enterprises refers to a government companies, government nominees represent the interest of the government on the public sector enterprises.

public sector companies usually compete with private sector enterprises in the domestic as well as international market.

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