Q1. [1] § Notes for the Teacher § Sectors in Terms of Ownership: Public and Private Sectors
Identify the sector of the economy on the basis of ownership with the help of following information :
• The government owns most of the assets.
• Delivery of services in the hands of government.
• Fair price shops is an example of it.
- (A) Private Sector
- (B) Public Sector
- (C) Joint Sector
- (D) Cooperative Sector
Previously asked in CBSE board exam
2026 32/4/1 Q30
Generated by claude-sonnet-4-6 · 2026-06-15 06:55 · grounding rag
Model Answer
(B) Public Sector
The government owns most of the assets, delivery of services is in government hands, and fair price shops (ration shops) are an example of the public sector.
Explanation
The passage directly states: "In the public sector, the government owns most of the assets and provides all the services." The chapter also mentions government buying wheat/rice and selling through ration shops (fair price shops) as a public sector activity. All three clues in the question point to the Public Sector. Remember: classification here is based on ownership, not the nature of activity.
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