_________ industries are owned and operated by individuals or groups of individuals.
A
private sector
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
cooperative sector
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
jointly owned
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
public sector
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is A private sector Private sector industries are owned and operated by individuals or groups of individuals. For example Tata Iron and Steel Company Limited (TISCO), now known as Tata Steel is involved in steel production.