Role of Public Sector in Economic Development
Economics ⇒ Economic Development
Role of Public Sector in Economic Development starts at 11 and continues till grade 12.
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Define the public sector in the context of the Indian economy.
Describe the role of the public sector in the development of infrastructure in India.
Describe two ways in which the public sector contributes to capital formation in India.
Discuss the impact of public sector enterprises on employment generation in India.
Discuss the role of the public sector in promoting social justice in India.
Explain how the public sector helps in reducing income inequalities in India.
Explain how the public sector helps in the mobilization of savings and their productive use.
Explain the concept of 'commanding heights' in the context of the public sector in India.
The public sector in India is mainly involved in which of the following activities? (1) Only profit-making (2) Social welfare and nation building (3) Only export promotion (4) Only import substitution
Which of the following is a limitation of the public sector in India? (1) Promoting social welfare (2) Bureaucratic delays (3) Reducing poverty (4) Providing infrastructure
Which of the following is a major objective of the public sector in India? (1) Maximizing shareholder wealth (2) Ensuring equitable distribution of income (3) Promoting monopolies (4) Reducing government intervention
Which of the following is a public sector enterprise? (1) Tata Steel (2) Indian Oil Corporation (3) Infosys (4) Reliance Industries
Fill in the blank: The ________ Commission was set up in 1966 to review the working of public sector enterprises in India.
Fill in the blank: The ________ sector is responsible for the management of public utilities like water supply and electricity.
Fill in the blank: The ________ sector often invests in areas where private sector investment is insufficient due to low profitability.
Fill in the blank: The public sector helps in the ________ of monopolies by regulating key industries.
State whether the following statement is true or false: 'Public sector enterprises are always loss-making.'
State whether the following statement is true or false: 'Public sector enterprises in India are managed by private individuals.'
State whether the following statement is true or false: 'The public sector in India has played a role in import substitution industrialization.'
True or False: The public sector can help in stabilizing the economy during periods of recession.
