Public and Private Sectors

Q. In the public sector, the government owns most of the assets and assumes the responsibility for the delivery of services.

1. False
2. True

Q. In which sector does the government own the most assets and assume the responsibility of delivering services?

1. Public sector
2. Private sector
3. Delivery sector
4. Technology sector

Q. Identify the basis for classifying economic activities into public and private sectors.

1. Employment conditions
2. Nature of economic activity
3. Ownership of the asset
4. Responsiblity for delivery of service

Q. Identify the public sector activities that the government has taken up.

1. AIIMS provides health services
2. Tata Steel Limited manufactures steel
3. NTPC generates electric power
4. Railways provide transporation

Q. The society needs several goods and services. However, the private sector does not produce all of them. Identify the correct reason for the private sector not being able to cater to all the needs of the society.

1. The private sector lacks space to work.
2. The private sector lacks employees.
3. The private sector is profit driven.
4. The private sector is entertainment driven.

Q. Reliance Industries Limited and Tata Iron and Steel Company are examples ofsector companies.

1. private
2. public
3. primary
4. unorganised

Q. Which of the following sectors is not profit driven?

1. Unorganised sector
2. Organised sector
3. Private sector
4. Public sector

Q. Why has the government taken up the responsibility of public sector activities in a country like India?

1. Only the government can invest large sums of money on longer projects.
2. The government is very responsible in India compared to others countries.
3. The government provides quality health services at economical rates.
4. The government bears a part of the cost and reduces the load on commoners.

Q. Which sector is not profit driven?

1. Unorganised sector
2. Organised sector
3. Private sector
4. Public sector

Q. Match the following sectors with their suitable features.

1. Social welfare
2. Sick leaves
3. Profit motive
4. No overtime pay

Q. Who provides the facilities of producing and supplying electricity, and procuring foodgrains from farmers at a fair price?

1. Retail owners
2. Commoners
3. Government
4. Small businesses