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Question
A _____ is one which is owned by an individual or a group of people.
A _____ is one which is owned by an individual or a group of people.
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Solution
The correct option is C Private industry
The
industries which are controlled by individuals or group of people and are not
funded by the government are known as private industry. It includes all
for-profit businesses that are not owned or operated by the government. The
major private industries in India are Reliance Industries Limited, Tata
Consultancy Services, etc.
The industries which are controlled by individuals or group of people and are not funded by the government are known as private industry. It includes all for-profit businesses that are not owned or operated by the government. The major private industries in India are Reliance Industries Limited, Tata Consultancy Services, etc.
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