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Per NCERT, why is there a NEED for PUBLIC sector activity — despite the private sector existing?
APublic sector is just a tradition
BPrivate sector cannot do anything
CGovernment always does better than private
DPublic sector provides activities the private sector won't or can't do profitably — infrastructure, education, healthcare for the poor, defence — and ensures equity
Answer & Solution
Correct answer: D. Public sector provides activities the private sector won't or can't do profitably — infrastructure, education, healthcare for the poor, defence — and ensures equity
Per NCERT §Sectors in Terms of Ownership, public sector handles unprofitable / equity-relevant activities. The other options misstate.
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