Single Answer MCQ
Q-00014361

What is a characteristic of public sector industries?

1

Owned by private individuals.

2

Operated by government agencies.

3

Always focused on profit maximization.

4

Limited to rural areas only.

Answer and Solution

Answer

B. Operated by government agencies.

Solution:

The correct answer is 'Operated by government agencies.' Public sector industries are owned and managed by the state. The other options misrepresent the nature of these industries.

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