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Private And Public Sector

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Knowledge Check

  • In Indian economy, the sectors are divided into Private and Public on what basis?

    A
    Ownership of enterprises
    B
    Usage of raw materials
    C
    Nature of economic activities
    D
    Employment policies

  • Disinvestment in Public Sector is called

    A
    Liberalisation
    B
    Globalisation
    C
    Industrialisation
    D
    Privatisation

  • Banks in India are categorized as Public Sector and Private Sector Banks. Which of the following types of banks are called Public Sector Banks ?

    A
    Those inwhich Government of India has a controlling stake.
    B
    Those which are giving services to poor sections of society like those living below poverty line, in remote areas or in different areas.
    C
    Those who are governed and regulated by the Reserve Bank of India only. Finance Ministry does not have any control over them.
    D
    Only those banks are called public sector whose shares are traded in Stock Markets. Others are private banks.

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