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Q.

Indian railways are an example of which sector in terms of ownership?


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a

Private sector

b

Public sector

c

Both (1) and (2)

d

None of these 

answer is B.

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Detailed Solution

According to ownership, the Indian Railway is an example of the public sector.
The public sector refers to the sector which is only controlled and managed by the government. The main motive of the public sector is to contribute to the profitable development of the nation. The public sector contributes to the nation's development by investing in the country's infrastructure and providing services at low costs to society.
 
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