Which of the following industries is an example of joint sector industries?
Answer & explanation
Correct answer: option 4
The correct answer is Option (4) → Gujarat Alkalies Limited
By ownership, industries are grouped as public sector (owned by the government), private sector (owned by individuals or companies), joint sector (owned and run jointly by the state and private persons) and cooperative sector.
Gujarat Alkalies and Chemicals Limited was promoted by the Gujarat government through its industrial investment corporation, with shares also held by the public. Ownership shared in this way between the state and private investors makes it a joint sector company.