Maruti Udyog industry comes under which sector?

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Private Sector

Public Sector

Joint Sector

Cooperative Sector

answer is C.

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Detailed Solution

The Maruti Udyog industry comes under the Joint Sector. Industries are classified based on ownership as private, public, joint, and cooperative industries. Private-sector industries are owned and regulated by individuals or a group of individuals. Joint sector industries are owned and administered by the state and individuals or a group of individuals. The Maruti Udyog is an excellent example of the joint sector. Cooperative sector industries are those in which producers and suppliers pool their resources/ materials and share the profit and loss incurred together, such as the Sudha Dairy and AMUL.

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