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Business Studies

Economic Environment

In economics ...

Question

In economics it is generally believed that the main objective of a public sector financial company is to ______________.

A

employ more and more people

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B

maximise total profits

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C

sell goods at subsidized cost.

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D

provide financial service to the people of the nation

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Solution

The correct option is C provide financial service to the people of the nation
In the concept of economics it is believed that the main objective of a public financial company is to provide financial service like savings, financial transactions etc. to the people of the nation with a minimum rate of income for the survival.

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