Question
What is the difference between a public sector industry and one which is in the private sector? Give an example of an industry in each of the two sectors.

Answer

Public Sector Private Section
Public sector industries are owned and controlled by the Central or State Governments e.g. iron and steel, aircraft, petroleum refineries. Private-sector industries are owned and managed by private industrialists as joint-stock companies or proprietary concerns e.g. cement, paper, textiles.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free