Establishments which are owned and operated by the government, whether local, state or central, independently or jointly, are called:
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → Public sector establishments
Establishments owned and run by the government are public sector establishments. The government may be local, state or central, working alone or jointly.
Private sector establishments are owned by individuals or groups. Informal sector enterprises are private enterprises with fewer than 10 regular workers. Employment exchanges are offices where job seekers register; the Ministry of Labour collects formal sector data through them.
NCERT (2026-27): Glossary: “Public Sector Establishments – All those establishments which are owned and operated by the government. They may be run either by local government, state government or by central government independently or jointly.” Glossary: “Informal Sector Enterprises – Those private sector enterprises, which employ less than 10 workers on a regular basis.” |