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Q.

The main motive of public sector enterprises is ____


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Detailed Solution

The main motive of the public sector enterprise is social welfare. The public sector is that portion of the economy controlled by either the central or state governments. Earning profit is the secondary objective of this sector. This sector is responsible for providing several public facilities like education, hospitals, transport, and security. For example, SBI and PNB are public sector banks.
 
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