In which area is the public sector most dominant i | Indian Economy Questions & Answers

In an economy , the sectors are classified into public and private on the basis of

A) employment conditions	B) nature of economic activities
C) ownership of enterprises	D) use of raw materials

Answer & Explanation Answer: C) ownership of enterprises

Explanation:

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The term 'mixed economy' denoted

A) existence of both rural and urban sectors	B) existence of both private and public sectors
C) existence of both heavy and small industries	D) existence of both developed and underdeveloped sectors

Answer & Explanation Answer: B) existence of both private and public sectors

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A) Organised term lending financial instistutions	B) Transport
C) Commerical banking	D) Steel production

In which area is the public sector most dominant in India?