Why state owned industries are called public sector industries?
2 points
They are established, run and maintained by private people
They are established, run and maintained the government
Both A and B
None of these
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Answers
Answered by
2
Answer: The sector owned by state or central government is called Public sector. This sector exists to provide services to its citizen and do not seek to generate a profit. The main aim included is to maximize the social welfare.
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Answered by
1
Answer:
option b is correct answer!!!
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