Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Indian Economy on the Eve of Independence

Question:

Which of the following is not a public sector enterprise?

Options:

Oil and Natural Gas Corporations ltd.

State Bank of India

Indian Railways

HDFC bank

Correct Answer:

HDFC bank

Explanation:

Public sector enterprises are the firms which are owned, controlled and managed by the government. The major shareholding is with the government. In the question stated above HDFC bank is a private sector bank apart from that all the firms i.e. ONGC, Indian Railways and SBI belong to the public sector.