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Tamil Nadu Board of Secondary EducationSSLC (English Medium) Class 8

Explain the organs of public sector. - Social Science

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Question

Explain the organs of public sector.

Answer in Brief

Solution

  • Administration by a Government Department:
  1. It is very common almost in all countries.
  2. Example - Post and Telegraph, Railways, Port Trust, Irrigation Projects on India, etc.,
  • The Joint sector companies:
  1. It is governed by company law and controlled by the Government as principal major shareholders.
  2. Example – Indian Oil Personas Pvt Ltd, Indian Oil Sky tanking Limited. Ratting Gas and Power Private Limited Indian Synthetic Rubber Limited.
  • Public Corporation:
  1. This type of organization is the establishment of the public corporations by the state of the parliament of the legislature.
  2. Example – LIC, Air India, The Reserve bank of India, Electricity Board.
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Introduction of Public and Private Sector
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Chapter 4.2: Public and Private Sectors - Exercise [Page 248]

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Samacheer Kalvi Social Science [English] Class 8 TN Board
Chapter 4.2 Public and Private Sectors
Exercise | Q VII. 1 | Page 248
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