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Joint sector industry is a type of industry based on ______.
- a)Capital
- b)Ownership
- c)The bulk and weight of raw material and finished goods
- d)Their main role
Correct answer is option 'B'. Can you explain this answer?
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Joint sector industry is a type of industry based on ______.a)Capitalb...
On the basis of ownership industries are classified into four categories:
(1) Public Sector Industries -These industries are owned and managed by government agencies. Example - Chittaranjan Locomotive Works, The Integral Coach Factory, Perambur, Iron and steel Plants at Bhilai and Durgapur.
(2) Private Sector Industries -These industries are owned and managed by individuals or group of individuals. Example- Tata Iron and Steel Company, Reliance Industries, Aditya Birla Group of Industries
(3) Joint Sector Industries- These industries are owned and managed jointly by private firms and government agencies. Example - Oil India Limited, Gujarat Alkalies
(4) Cooperative Sector Industries- These industries are owned and managed by a group of people who form their own co-operative society. They are generally producers of raw material. Example - Dairy cooperatives, Handloom industry.
(1) Public Sector Industries -These industries are owned and managed by government agencies. Example - Chittaranjan Locomotive Works, The Integral Coach Factory, Perambur, Iron and steel Plants at Bhilai and Durgapur.
(2) Private Sector Industries -These industries are owned and managed by individuals or group of individuals. Example- Tata Iron and Steel Company, Reliance Industries, Aditya Birla Group of Industries
(3) Joint Sector Industries- These industries are owned and managed jointly by private firms and government agencies. Example - Oil India Limited, Gujarat Alkalies
(4) Cooperative Sector Industries- These industries are owned and managed by a group of people who form their own co-operative society. They are generally producers of raw material. Example - Dairy cooperatives, Handloom industry.
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Joint sector industry is a type of industry based on ______.a)Capitalb)Ownershipc)The bulk and weight of raw material and finished goodsd)Their main roleCorrect answer is option 'B'. Can you explain this answer?
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