Q.

Tata Iron and Steel Company Limited, Reliance Industries Limited are examples of:


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a

Public Sector

b

Private Sector

c

Mixed Sector

d

None of the above 

answer is B.

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Detailed Solution

Tata Iron and Steel Company Limited and Reliance Industries Limited are examples of the private sector. Tata Iron and Steel Company Limited is owned and controlled by private individuals and thus becomes a part of the private sector enterprises. Reliance Company Limited is a multinational company headquartered in Mumbai and is involved in various businesses like energy, petrochemicals, natural gas, retail, telecommunications, mass media, and textiles. It is also owned and controlled by private individuals and thus becomes a part of private sector enterprises.
 
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