Class 10 Exam  >  Class 10 Questions  >  Railway is an example of :a)Private Sectorb)P... Start Learning for Free
Railway is an example of :
  • a)
    Private Sector
  • b)
    Public Sector
  • c)
     Secondary Sector
  • d)
    None of thes
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Railway is an example of :a)Private Sectorb)Public Sectorc)Secondary S...
Railway is an example of public sector because government is the one who provide the services to the people. Government themselves provide money for the construction by taking the taxes from the people
Community Answer
Railway is an example of :a)Private Sectorb)Public Sectorc)Secondary S...
Explanation:
Railway is an example of Public Sector because it is owned and operated by the government of the respective country and provides public services. In most countries, railways are considered a strategic sector and are managed by the government to ensure safety, efficiency and affordability for the public.

Public Sector refers to the part of the economy that is controlled and managed by the government. The main objective of public sector enterprises is to provide essential goods and services to the public at affordable prices. Public sector enterprises are funded by the government and are accountable to the public.

Advantages of Public Sector Railways:
- Public sector railways are able to provide essential services to the public at affordable prices.
- Public sector railways are able to operate in remote and economically unviable areas where private sector enterprises may not be interested in operating.
- Public sector railways are able to provide employment opportunities to a large number of people.

Disadvantages of Public Sector Railways:
- Public sector railways may not be as efficient as private sector railways due to bureaucratic procedures and lack of innovation.
- Public sector railways may suffer from political interference and corruption.
- Public sector railways may not be able to generate profits due to their social objectives.

In conclusion, railway is an important example of public sector enterprises as it provides essential services to the public and is managed by the government. Although there are advantages and disadvantages to the public sector railways, they play an important role in the economy and society.
Attention Class 10 Students!
To make sure you are not studying endlessly, EduRev has designed Class 10 study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Class 10.
Explore Courses for Class 10 exam

Similar Class 10 Doubts

Read the extract given below and answer the questions that follows:There are many activities that are undertaken by directly using natural resources. When we produce a good by exploiting natural resources, it is an activity of the primary sector. Since most of the natural products we get are from agriculture, dairy, fishing, forestry, this sector is also called agriculture and related sector. The secondary sector covers activities in which natural products are changed into other forms through ways of manufacturing that we associate with industrial activity. It is the next step after primary. The product is not produced by nature but has to be made and therefore some process of manufacturing is essential. After primary and secondary, there is a third category of activities that falls under tertiary sector and is different from the above two. These are activities that help in the development of the primary and secondary sectors. These activities, by themselves, do not produce a good but they are an aid or a support for the production process. The various production activities in the primary, secondary and tertiary sectors produce a very large number of goods and services. Also, the three sectors have a large number of people working in them to produce these goods and services. The value of final goods and services produced in each sector during a particular year provides the total production of the sector for that year. And the sum of production in the three sectors gives what is called the Gross Domestic Product (GDP) of a country. It is the value of all final goods and services produced within a country during a particular year. GDP shows how big the economy is.Q. Which of the following is an example of tertiary activities?

Top Courses for Class 10

Railway is an example of :a)Private Sectorb)Public Sectorc)Secondary Sectord)None of thesCorrect answer is option 'B'. Can you explain this answer?
Question Description
Railway is an example of :a)Private Sectorb)Public Sectorc)Secondary Sectord)None of thesCorrect answer is option 'B'. Can you explain this answer? for Class 10 2024 is part of Class 10 preparation. The Question and answers have been prepared according to the Class 10 exam syllabus. Information about Railway is an example of :a)Private Sectorb)Public Sectorc)Secondary Sectord)None of thesCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Class 10 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Railway is an example of :a)Private Sectorb)Public Sectorc)Secondary Sectord)None of thesCorrect answer is option 'B'. Can you explain this answer?.
Solutions for Railway is an example of :a)Private Sectorb)Public Sectorc)Secondary Sectord)None of thesCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Class 10. Download more important topics, notes, lectures and mock test series for Class 10 Exam by signing up for free.
Here you can find the meaning of Railway is an example of :a)Private Sectorb)Public Sectorc)Secondary Sectord)None of thesCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Railway is an example of :a)Private Sectorb)Public Sectorc)Secondary Sectord)None of thesCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for Railway is an example of :a)Private Sectorb)Public Sectorc)Secondary Sectord)None of thesCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of Railway is an example of :a)Private Sectorb)Public Sectorc)Secondary Sectord)None of thesCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Railway is an example of :a)Private Sectorb)Public Sectorc)Secondary Sectord)None of thesCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice Class 10 tests.
Explore Courses for Class 10 exam

Top Courses for Class 10

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev