Question

Which companies are owned by the government to provide important goods and services at affordable rates to the people?

• A. Private sector enterprises
• B. Public sector enterprises
• C. Public-private partnership enterprises
• D. Public limited enterprises

Answer 1

The correct option is B Public sector enterprises

The government owns several companies called public sector enterprises or PSEs such as the NTPC, Metro Rail, BSNL, and SBI. Through these, the government provides important goods and services at affordable rates to the people.