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Direction: Mr. Gajendra is a businessman dealing in the sale of electronic items. His daughter Gauri is working in Kotak Mahindra Bank and his son, Sarvesh is working in State Electricity Board. Mr. Gajendra applied for a home loan with Kotak Mahindra. He was impressed with the efficient work culture of the bank as he got the loan in a short period of time, much before his expectations. He also applied for electricity connection in State Electricity Board. Even after six months, he could not get any satisfactory response for the delay in getting his connection from concerned authorities. Gauri told her father that public sector and its work culture is different from that of private sector. It could not compete with private sector in terms of efficiency and in terms of profits as well.
Q. His daughter Gauri is working in Kotak Mahindra Bank. Identify the sector, in which Gauri is working
  • a)
    Public sector
  • b)
    Private sector
  • c)
    Both (a) and (b)
  • d)
    Neither (a) nor (b)
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Direction: Mr. Gajendra is a businessman dealing in the sale of elect...
  • Gauri is working in private sector.
  • The private sector refers to the part of the economy that isn't controlled by the state. It includes any for-profit businesses run by individuals or companies. Businesses controlled by the government are part of the public sector, while charities or other non-profits are part of the voluntary sector.
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Direction: Mr. Gajendra is a businessman dealing in the sale of elect...


Private sector

Gauri is working in the private sector
- Gauri is working at Kotak Mahindra Bank, which is a private sector bank.
- Private sector companies are owned and operated by private individuals or groups, and they are focused on making profits.
- Private sector companies are known for their efficiency, innovation, and customer-centric approach.

Key differences between public and private sector
- Public sector companies are owned and operated by the government, while private sector companies are owned and operated by private individuals or groups.
- Public sector companies have a different work culture compared to private sector companies.
- Private sector companies are generally more efficient and profit-oriented compared to public sector companies.
- Private sector companies often have more flexibility, autonomy, and innovation compared to public sector companies.

Implications for Mr. Gajendra's experience
- Mr. Gajendra experienced efficient service when applying for a loan at Kotak Mahindra Bank, which is a private sector bank.
- However, he faced delays and inefficiencies when dealing with the State Electricity Board, which is a public sector organization.
- This highlights the differences in work culture, efficiency, and customer service between the public and private sectors.
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Direction: Mr. Gajendra is a businessman dealing in the sale of electronic items. His daughter Gauri is working in Kotak Mahindra Bank and his son, Sarvesh is working in State Electricity Board. Mr. Gajendra applied for a home loan with Kotak Mahindra. He was impressed with the efficient work culture of the bank as he got the loan in a short period of time, much before his expectations. He also applied for electricity connection in State Electricity Board. Even after six months, he could not get any satisfactory response for the delay in getting his connection from concerned authorities. Gauri told her father that public sector and its work culture is different from that of private sector. It could not compete with private sector in terms of efficiency and in terms of profits as well.Q. His daughter Gauri is working in Kotak Mahindra Bank. Identify the sector, in which Gauri is workinga)Public sectorb)Private sectorc)Both (a) and (b)d)Neither (a) nor (b)Correct answer is option 'B'. Can you explain this answer?
Question Description
Direction: Mr. Gajendra is a businessman dealing in the sale of electronic items. His daughter Gauri is working in Kotak Mahindra Bank and his son, Sarvesh is working in State Electricity Board. Mr. Gajendra applied for a home loan with Kotak Mahindra. He was impressed with the efficient work culture of the bank as he got the loan in a short period of time, much before his expectations. He also applied for electricity connection in State Electricity Board. Even after six months, he could not get any satisfactory response for the delay in getting his connection from concerned authorities. Gauri told her father that public sector and its work culture is different from that of private sector. It could not compete with private sector in terms of efficiency and in terms of profits as well.Q. His daughter Gauri is working in Kotak Mahindra Bank. Identify the sector, in which Gauri is workinga)Public sectorb)Private sectorc)Both (a) and (b)d)Neither (a) nor (b)Correct answer is option 'B'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Direction: Mr. Gajendra is a businessman dealing in the sale of electronic items. His daughter Gauri is working in Kotak Mahindra Bank and his son, Sarvesh is working in State Electricity Board. Mr. Gajendra applied for a home loan with Kotak Mahindra. He was impressed with the efficient work culture of the bank as he got the loan in a short period of time, much before his expectations. He also applied for electricity connection in State Electricity Board. Even after six months, he could not get any satisfactory response for the delay in getting his connection from concerned authorities. Gauri told her father that public sector and its work culture is different from that of private sector. It could not compete with private sector in terms of efficiency and in terms of profits as well.Q. His daughter Gauri is working in Kotak Mahindra Bank. Identify the sector, in which Gauri is workinga)Public sectorb)Private sectorc)Both (a) and (b)d)Neither (a) nor (b)Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: Mr. Gajendra is a businessman dealing in the sale of electronic items. His daughter Gauri is working in Kotak Mahindra Bank and his son, Sarvesh is working in State Electricity Board. Mr. Gajendra applied for a home loan with Kotak Mahindra. He was impressed with the efficient work culture of the bank as he got the loan in a short period of time, much before his expectations. He also applied for electricity connection in State Electricity Board. Even after six months, he could not get any satisfactory response for the delay in getting his connection from concerned authorities. Gauri told her father that public sector and its work culture is different from that of private sector. It could not compete with private sector in terms of efficiency and in terms of profits as well.Q. His daughter Gauri is working in Kotak Mahindra Bank. Identify the sector, in which Gauri is workinga)Public sectorb)Private sectorc)Both (a) and (b)d)Neither (a) nor (b)Correct answer is option 'B'. Can you explain this answer?.
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Gauri told her father that public sector and its work culture is different from that of private sector. It could not compete with private sector in terms of efficiency and in terms of profits as well.Q. His daughter Gauri is working in Kotak Mahindra Bank. Identify the sector, in which Gauri is workinga)Public sectorb)Private sectorc)Both (a) and (b)d)Neither (a) nor (b)Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of Direction: Mr. Gajendra is a businessman dealing in the sale of electronic items. His daughter Gauri is working in Kotak Mahindra Bank and his son, Sarvesh is working in State Electricity Board. Mr. Gajendra applied for a home loan with Kotak Mahindra. He was impressed with the efficient work culture of the bank as he got the loan in a short period of time, much before his expectations. He also applied for electricity connection in State Electricity Board. 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