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Q.

Which of the following is a private sector industry ?


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a

Hindustan Aeronautics Limited

b

Steel Authority of India

c

Tata Iron and Steel Industry

d

National Thermal Power Corporation 

answer is C.

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Detailed Solution

Tata Iron and Steel Company Limited (TISCO) is a private-sector company.
Private sector industries are owned and controlled by individuals or groups, whereas public sector industries are owned and controlled by the government.
The government took the initiative and established several iron and steel plants after independence. In Jharkhand's Sakchi neighbourhood, close to the meeting point of the Subarnarekha and Kharkai rivers, TISCO was founded in 1907. Later, Sakchi was named as Jamshedpur. Tata Iron and Steel Firm, the first founded iron and steel company in India, has boosted development and employment, enhanced technology, and raised living conditions across the country.
 
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Which of the following is a private sector industry ?