The biggest public sector bank in India is the

The biggest public sector bank in India is the
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State Bank of India
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Last Answer : Example of credit as an asset: During the festival season, a shoe manufacturer has received an - order of making shoes in bulk, within a month's time. To complete production, he hired some ... whereas in farmer's case credit pushes the borrower into a situation from which recovery is very painful.

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Distinguish between Public sector and Private sector? -SST 10th

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Why is the public sector required to provide certain things at a reasonable cost? -SST 10th

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Last Answer : . The purpose of the public sector is not just to earn profits but to think about the social benifits also. . There are several things needed by the society as a whole but which the private ... these require large sums of money to be spent, which is beyond the capacity of the private sector.

On what basis is the industrial sector classified into public and private sectors ? -SST 10th

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Last Answer : C - Industries in the public sector are owned by the government while those in the private sector are owned by entrepreneurs.

Which one of the following agencies markets steel for the public sector plants ? -SST 10th

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Last Answer : B - Steel Authority Of India Limited (SAIL) is one of the largest staeowned steel making company which supplies steel for public sector plants.

Differentiate between the public sector and private sector by giving examples. -SST 10th

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Last Answer : In the public sector, the government owns most of the assets and provides all the services. In the private sector, ownership of assets and delivery of services is in the hands of private ... Iron and Steel Company Limited (TISCO) and Reliance Industries Limited (RIL) are in private sector.

Explain how public sector contributes to the economic development of a nation. -SST 10th

Description : Explain how public sector contributes to the economic development of a nation. -SST 10th

Last Answer : There are some industries whose development is absolutely essential for the growth of economy. Such industries include power, transport, petroleum, irrigation, iron and steel,fertilisers, heavy industries ... which are essential for the country's development are carried into by the public sector.

Give a few examples of public sector activities and explain why the government has taken them up. -SST 10th

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Last Answer : Construction of roads, bridges, railways, harbours, generating electricity, providing irrigation through dams, health, education etc. are a few examples of public sector activities Government has taken up these ... these industries can afford. So the government has to bear a part of the cost.

On what basis is the industrial sector classified into public and private sectors? -SST 10th

Description : On what basis is the industrial sector classified into public and private sectors? -SST 10th

Last Answer : The industrial sector is classified into public and private sectors on the basis of ownerships of enterprises.

What is meant by public sector industry? Give examples. -SST 10th

Description : What is meant by public sector industry? Give examples. -SST 10th

Last Answer : Public sector industries are owned and operated by government agencies.Example — BHEL, SAIL, etc.

Which public sector steel plant is located near a port ? -SST 10th

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Last Answer : Vishakhapatnam.

Who has the ownership of the assets in the public sector? -SST 10th

Description : Who has the ownership of the assets in the public sector? -SST 10th

Last Answer : Government has the ownership of the assets in the public sector.

How does public sector help in the development of a country ? -SST 10th

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Last Answer : Public sector invests in key and basic industries as health, education, defence where private sector cannot invest.

How far is it correct to say that several services which cannot be provided by private sector can be provided by the public sector ? -SST 10th

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Last Answer : Society needs many things as a whole which the private sector is not able to provide at a reasonable cost. The reasons are as follows : (i) Some of them need spending large sums of ... care of ignored and backward regions of the country to bring balanced growth, development in the entire country.

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Last Answer : Assam — Digboi. Gujarat — Luny.

What are public sector industries? -SST 10th

Description : What are public sector industries? -SST 10th

Last Answer : Industries owned and managed completely by the state or its agencies are called public sector industries, e.g., Chittaranjan Locomotive Works.

Mention any two advantages does the Vishakhapatnam Steel Plant have over the other Steel plants in the public sector? -SST 10th

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Last Answer : (i) Vishakhapatnam Steel Plant is a modem integrated Steel plant with the latest technology and some of the largest size units. (ii) Vishakhapatnam’s modern protected harbour and deep land locked port facilitates import of raw materials and export of finished goods.

What is the difference between a public sector industry and one which is in the private sector? -SST 10th

Description : What is the difference between a public sector industry and one which is in the private sector? -SST 10th

Last Answer : Public Sector Private Section Public sector industries are owned and controlled by the Central or State Governments e.g. iron and steel, aircraft, petroleum refineries. Private sector industries ... industrialists as joint stock companies or proprietary concerns e.g. cement, paper, textiles.