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Q.

Railways are an example of which of the following sectors?


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a

Private sector

b

Unorganized sector

c

Public sector

d

None of these 

answer is C.

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Detailed Solution

Railways are an example of the public sector.
Railways are a well-managed organisation in the public sector as they provide employment and develop infrastructure, and the main aim of the public sector is to do public welfare. This sector is controlled and managed by the government and it ensures that the main objective is being followed.  An example of a badly managed public sector organization can be sugar mills. As they are poorly managed and are earning losses, the government either reduces the number of employees in the organization or sells it.
 
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Railways are an example of which of the following sectors?