New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    The type of industries owned and operated by the state

    and individuals or groups of individuals are referred to as ________.
    A Private sector industries Correct Answer Incorrect Answer
    B Joint sector industries Correct Answer Incorrect Answer
    C Co-operative sector industries Correct Answer Incorrect Answer
    D Public sector industries Correct Answer Incorrect Answer

    Solution

    Industries owned and operated jointly by the state and individuals or groups of individuals are referred to as joint sector industries. In this type of ownership, both the government and private entities share in the ownership, control, and management of the industry

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