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SECTORS IN TERMS OF OWNERSHIP by Arnav Verma

Total questions: 10

Worksheet time: 7mins

Name
Class
Date
1.

identify the correct answer from the alternatives provided.

Both TISCO and Reliance Industries are owned by :

a)

The government

b)

Jointly by private companies and the govt

c)

Private company

d)

A cooperative society

2.

Assertion (A) : reliance industries is a privately owned firm.

Reason (R) : Government is not a major stakeholder in reliance industries

a)

(A) is true but (R) is false.

b)

Both (A) and (R) are true and (R) is the correct explanation of (A)

c)

Both (A) and (R) are true, but (R) is not the correct explanation of (A)

d)

(A) is false but (R) is true

3.

(a)   is a private sector Industry?

4.

Which of the following sectors is responsible for the distribution of goods and services?

(a)  

5.

what is not an economic activity

a)

Social Service

b)

Farming

c)

dairy

d)

textile

6.

Who carries economic activity

a)

Individuals

b)

Firms

c)

Government

d)

All of the above

7.

The public sector enterprises are owned, managed and controlled by the

a)

Government

b)

Individual

c)

Foreigners

d)

Investors

8.

The private sector is on (a)   motive.

9.

In which sector activities are not guided by profit motive?

a)

Public sector

b)

Organised sector

c)

Private sector

d)

Unorganised sector

10.

Which one of the following is a private sector Industry?

a)

Bhel

b)

Tisco

c)

Oil

d)

Sail