Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

General Knowledge

Topic

Economics

Question:

What is the motive behind activities performed by the public players?

Options:

Maximization of profit

Welfare of the society

Reduction in cost

All of the above

Correct Answer:

Welfare of the society

Explanation:

Activities in the private sector are guided by the motive to earn profits. Whereas, government perform activities with the motive of social welfare.