Question

What is joint sector in Indian industry?
i. Where two persons jointly take initiative to set up industries
ii. Where two industrial units come up jointly
iii. Where there is joint ownership of government and private sector
iv. Where two government organisations jointly set up any industrial unit​

Answer 1

Answer:

3 one is the correct option or answer

Answer 2

Answer:

A joint sector enterprise is intended to be a form of partnership between the private sector and the Government in which the State participation of capital will not be less than 26 per cent, the day-to-day management will normally be in the hands of the private sector partner, and control and supervision will be ...