Question

Find the correctly matched pair/s from the following:

• A. Private sector industry - Tata Iron and Steel Company Limited
• B. Joint sector industry - Bharat Heavy Electricals Limited
• C. Public sector industry - Bajaj Auto Ltd.
• D. Cooperative sector industry - Sugar industry in Maharashtra

Answer 1

Answer: (A), (D)

The correct options are
A Private sector industry - Tata Iron and Steel Company Limited
D Cooperative sector industry - Sugar industry in Maharashtra

Public sector industries are owned and operated by the government agencies. Bharat Heavy Electricals Limited or BHEL, and Steel Authority of India Ltd or SAIL are some examples of public sector industries in India. The private sector industries are owned and operated by individuals or groups of individuals. Tata Steel which is involved in steel production and Bajaj Auto Ltd which is a renowned private sector automobile manufacturer are some examples of private sector industries in India. Joint sector industries are jointly owned by the government and private sector, for example, Oil India Limited. Cooperative sector industries are owned and operated by the producers or suppliers of raw materials, workers, or both, for example the sugar industry in Maharashtra and the coir industry in Kerala.