Which of the following activities belongs to the public sector in India?

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Agriculture

Water supply

IT and Communication

All of the above

answer is B.

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Detailed Solution

Providing water supply is the service of the public sector in India.
The government owns the assets in the public sector and is responsible for delivering the services. The government owns, operates, and manages the productive units in the public sector. For example, the Indian Railways comes under the public sector as it is owned, maintained, and managed by the government. The public sector provides services not with a profit maximisation motive but with a social welfare motive. The government funds its welfare activities with taxes from the public to help the poorer communities. Most of the population's services mostly come under the public sector.

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