alleryA government owns a bus service; a privately owned firm owns a factory. Classify them.
ABoth private: they charge users
BBoth public: they employ workers
CBuses public; factory private
DBuses private; factory public
Answer & Solution
Correct answer: C. Buses public; factory private
Public or private classification depends on ownership, not whether the enterprise sells goods or services.
Keep practising Economics and Public Programmes
Browse all Economics and Public Programmes questions for RPF Constable, or explore more General Awareness topics.
Related questions
Everyday economicsWheat ₹400 → flour ₹700 → bread ₹1,000, with no other inputs. Total value added; baker’s vA streetlight serves people together; excluding non-payers is impractical. Why a public goA government spends ₹95 crore and receives ₹70 crore revenue plus ₹5 crore non-debt capitaFor a ₹10,000 one-year loan, A charges 10% simple interest plus ₹200 fee; B charges 8% pluA tailor needs grain; the farmer needs no clothes. How does money help?Five family members farm a plot. Two leave; output is unchanged. What does this suggest?A farmer grows cotton, a mill turns it into cloth and a driver transports the cloth. What