A company is owned and managed by both the government and the private sector. The profit is shared among them in proportion to the amount invested by each of them.

Identify the arrangement mentioned in the above example.

Build, operate, and transfer

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Public-private partnership

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Joint venture

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Collaboration

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Solution

The correct option is B Public-private partnership
Public-private partnership is a way of privatisation. In this arrangement, both the government and private players own and manage a company to undertake a project. It can be used to finance, build, and operate projects such as public transportation networks, parks, and convention centres.

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A company is owned and managed by both the government and the private sector. The profit is shared among them in proportion to the amount invested by each of them. Identify the arrangement mentioned in the above example.

A company is owned and managed by both the government and the private sector. The profit is shared among them in proportion to the amount invested by each of them.

Identify the arrangement mentioned in the above example.