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Q.

Which one of the following industries is the public sector?


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a

HAIL

b

SAIL

c

TATA Steel

d

NMCC 

answer is B.

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Detailed Solution

SAIL is a public sector industry.
SAIL stands for Steel Authority of India Limited and is one of the largest steel-making companies in India. It is owned and operated by the Ministry of Steel, Government of India. Industries vary based on ownership of enterprises; they are classified as public, private, cooperative, and joint. Public sector industries are owned and administered by governmental agencies. Private industries are owned and regulated by individuals or a group of individuals, for example, Dabur industries.
 
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