Single Answer MCQ
Q-00014394

What distinguishes a joint sector industry?

1

Owned by the government

2

Invested by private individuals only

3

Collaboratively managed by public and private sectors

4

Operated solely by cooperatives

Answer and Solution

Answer

C. Collaboratively managed by public and private sectors

Solution:

Joint sector industries are collaboratively managed by both public and private sectors, unlike those that are fully government-owned or entirely private.

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