How are industries classified based on ownership in India?

Private, public, and joint sector industries

Agro-based, mineral-based, and forest-based industries

Consumer, capital, and basic industries

Small scale, medium scale, and large scale industries

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Answer and Solution

Answer

A. Private, public, and joint sector industries

Solution:

Industries in India can be classified based on ownership into private sector industries (owned by individuals or companies), public sector industries (owned by the government), and joint sector industries (partnership between private and public entities). Therefore, the correct answer is 'Private, public, and joint sector industries'.

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