Economics · Indian Economy
What is meant by the Public Sector in an economy?
- 1Small-scale and cottage industries located in rural areas
- 2Enterprises run through public partnerships with Foreign Institutional Investors
- 3Industries owned and managed entirely by private entrepreneurs
- 4The part of economic activity that is owned, managed, and controlled by the government✓
Correct answer
The part of economic activity that is owned, managed, and controlled by the government
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