The sector owned by State or Central Government is called ______________.

Private sector

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Public sector

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Joint sector

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Co-operative sector

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Solution

The correct option is B Public sector
The sector owned by state or central government is called Public sector. This sector exists to provide services to its citizen and do not seek to generate a profit. The main aim included is to maximize the social welfare.

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The sector owned by State or Central Government is called ______________.

The correct option is B Public sectorThe sector owned by state or central government is called Public sector. This sector exists to provide services to its citizen and do not seek to generate a profit. The main aim included is to maximize the social welfare.

The correct option is B Public sector
The sector owned by state or central government is called Public sector. This sector exists to provide services to its citizen and do not seek to generate a profit. The main aim included is to maximize the social welfare.