This question was previously asked in
Shift 23/06/2023 3:30 PM - 6:30 PM
Correct Answer
The industries managed by private and public sectors together are called (3) Joint sector industries.
Joint sector industries involve a partnership or collaboration between private and public entities in the management and operation of an industry. This approach can combine the strengths and resources of both sectors to achieve common economic and development goals.
Key Features of Joint Sector Industries:
Ownership and Management
Common Goals
Sector Diversity
Role of Government
Advantages of Joint Sector Industries:
Resource Mobilization
Efficiency
Technology TransferX
Job Creation
Balancing Interests
Examples of Joint Sector Industries:
Hindustan Aeronautics Limited (HAL
Indian Oil Corporation Limited (IOCL)
Steel Authority of India Limited (SAIL
THEREFORE THE CORRECT OPTION IS [3].
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