AI-generated practice question — model-generated for extra practice, not a previous-year CBSE board question.
(C) Ownership of assets and responsibility for delivery of services
The public and private sectors are classified on the basis of ownership of assets and who is responsible for delivery of services.
The textbook (Chapter 2) explicitly states: "Another way of classifying economic activities could be on the basis of who owns assets and is responsible for the delivery of services." The Exercise Q2(a) also confirms the answer is (iii) ownership of enterprises. Students must not confuse this with the organised/unorganised classification, which is based on employment conditions.