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Question

The motive of public sector enterprise is _____.

A
Profit making
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B
Entertainment
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C
Social welfare and security
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D
None of these
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Solution

The correct option is C Social welfare and security
1. The public sector is that portion of an economic system that is controlled by central, state or provincial, and local governments. The public sector contributes to economic development and the main objective is social welfare and security.

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