Public and Private Sectors

The main motive of the private sector is

• Profit

• Networking

• Public Service

• All of the above

The main motive of the public sector is

• Networking

• Public Service

• Profit

• All of the above

Which of the following are NOT the source of capital of the private sector?

• Savings

• Banks

• Private investors

• Taxation

Which type of business does not belong to the public sector?

• Sole Traders

• State cooperation

• Nationalized industries

• Government departments

Which sector has shareholders?

• Private sector

• Public sector

Which sector raises funds from taxpayers?

• Private sector

• Public sector

Which sector is overseen by the Government?

• Private sector

• Public sector

Jim maintains his family by using his private vehicle for hire.

• Private sector

• Public sector

Mary goes to Florida every three month to shop. On her return she sells her goods in the vendors' mall.

• Private sector

• Public sector

State Co. is a company of which the government has 60% ownership; it supplies water to an Asian country.

• Private sector

• Public sector