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Q.

Both TISCO and Reliance industries are owned by


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a

Government

b

Private company

c

Cooperative society

d

Jointly by private companies and government 

answer is B.

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Detailed Solution

Private companies own both TISCO and Reliance industries.
Businesses that are owned and managed by the government make up the public sector.
 In these organizations, the national or state governments either fully or partially own and manage them. These organizations include municipalities, local government authorities, state-owned companies, government agencies, and other institutions engaged in public services. While businesses in the private sector are owned, controlled, and managed by either individuals or corporate organizations, They might be small, medium-sized, or even huge organizations. These are established to generate a profit from their commercial activities, and they can raise money from private individuals, public organizations, and other groups.
  
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