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Q.

The railway is an example of:


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a

Private sector

b

Public sector

c

Secondary sector

d

None of the above  

answer is B.

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Detailed Solution

The railway is a perfect example of the Public sector.
The sector which is engaged in the activities of providing government goods and services to the general public is known as the Public sector. The enterprises, agencies, and bodies are fully owned, controlled, and run by the government, state government, or local government. The ownership and control of the central or state government in these organisations are either complete or partial.  Some of them can be non-profit organisations while others participate in commercial activities as well.
 
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