Question 3 of 11beginner🧠 RememberShort Answer3 marks

What are the different kinds of organisations that come under the public sector?

Correct Answer

The public sector consists of various organisations that are owned and managed by the government. These organisations may be partly or wholly owned by the central or state government. They participate in the economic activities of the country and are accountable to the public through the Parliament.

The different kinds of organisations under the public sector are: (i) Departmental undertaking, (ii) Statutory corporation, and (iii) Government company. A Departmental undertaking is established as a department of the ministry and is considered an extension of the ministry itself. The suitability of a particular form depends on the nature of its operations and its relationship with the government.

Exercise: EXERCISES | Q: 3 | (Page 22)
For More Understanding

Explanation

The answer is derived directly from the textbook context which lists the three specific forms of public sector organisations. The context explicitly states that public enterprises may take the form of a Departmental undertaking, Statutory corporation, or Government company. It also provides the definition for Departmental undertakings as being part of the ministry, while noting that the choice of form depends on the nature of operations.