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distinguish between private sector and public sector ?
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distinguish between private sector and public sector ? Related: Chapt...
Meaning
PUBLIC SECTOR
1. The section of a nation's economy, which is under the control of government, whether it is central, state or local, is known as the Public Sector.
2. To serve the citizens of the country.
3. Public Revenue like tax, duty, penalty etc.
14. Police, Army, Mining, Health, Manufacturing, Electricity, Education, Transport, Telecommunication, Agriculture, Banking, Insurance, etc.

5. Job security, Retirement benefits, Allowances, Perquisites etc.

6. Seniority
7. Yes

PRIVATE SECTOR
1. The section of a nation's economy, which owned and controlled by private individuals or companies is known as Private Sector.
2. Earning Profit
3. Issuing shares and debentures or by taking loan
4. Finance, Information Technology, Mining, Transport, Education, Telecommunication, Manufacturing, Banking, Construction, Pharmaceuticals etc.
5. Good salary package, Competitive environment, Incentives etc.
6. Merit
7. No
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distinguish between private sector and public sector ? Related: Chapter Notes (Part-1) - Public, Private and Global Enterprises, BST, Class 11
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