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Question
Answer in one sentence.
What is Private Sector?
Solution
Private sector business which is owned by private individuals or groups of individuals is termed as private sector organisation.
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RELATED QUESTIONS
Match the pairs.
| Group ‘A’ | Group ‘B’ | ||
| A) | BHEL | 1) | Special Legislature |
| B) | Statutory Corporation | 2) | 49% paid-up capital by govt. |
| C) | Departmental Organisation | 3) | Service Motive |
| D) | Private Sector | 4) | Railway |
| E) | Public Sector | 5) | Profit Motive |
| 6) | 51% paid-up capital by govt. | ||
Give one word/phrase/term.
Organisations which are owned by the government
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The sector which aims at profit maximization.
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The sector which aims at providing reliable services to customers.
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Organisations which are owned, financed, managed and controlled by government or combination of government.
State True or False.
Public sector Organisations are owned by government.
State True or False.
The private sector aims at providing reliable services to customers.
Find the odd word out.
State True or False.
Public enterprises are owned, managed and controlled by the public.
Answer in one sentence.
What is Public Sector?
Correct the underlined word and rewrite the following sentence.
Private sector aims at providing essential services to customers.
Explain the following term/concept.
Private Sector Organisation.
Match the pairs.
| Group ‘A’ | Group ‘B’ | ||
| A) | BHEL | 1) | Special Legislature |
| B) | Statutory Corporation | 2) | 49% paid up capital by govt. |
| C) | Departmental Organisation | 3) | Service Motive |
| D) | Private Sector | 4) | Railway |
| E) | Public Sector | 5) | Profit Motive |
| 6) | 51% paid up capital by govt. | ||
Match the pairs.
| Group ‘A’ | Group ‘B’ | ||
| A) | BHEL | 1) | Special Legislature |
| B) | Statutory Corporation | 2) | 49% paid up capital by govt. |
| C) | Departmental Organisation | 3) | Service Motive |
| D) | Private Sector | 4) | Railway |
| E) | Public Sector | 5) | Profit Motive |
| 6) | 51% paid up capital by govt. | ||
Match the pairs.
| Group 'A' | Group 'B' | ||
| A) | BHEL | 1) | Special Legislature |
| B) | Statutory Corporation | 2) | 49% paid-up capital by govt |
| C) | Departmental Organisation | 3) | Service Motive |
| D) | Private Sector | 4) | Railway |
| E | Public Sector | 5) | Profit Motive |
| 6) | 51% paid-up capital by govt. | ||
Match the pairs.
| Group 'A' | Group 'B' | ||
| A) | BHEL | 1) | Special Legislature |
| B) | Statutory Corporation | 2) | 49% paid up capital by govt. |
| C) | Department Organisation | 3) | Service Motive |
| D) | Private Sector | 4) | Railway |
| E) | Public Sector | 5) | Profit Motive |
| 6) | 51% paid up capital by govt. |
