Practice free →
HomeUP Board Class 10socialsciencec10manufacturing › A SUGAR COOPERATIVE owned and run jointly by the…

A SUGAR COOPERATIVE owned and run jointly by the sugarcane farmers is an example of which ownership classification?

ACooperative sector industry
BJoint sector industry
CPrivate sector industry
DPublic sector industry
Answer & Solution
Correct answer: A. Cooperative sector industry
A cooperative industry is one owned and run by the producers/workers themselves (e.g. sugar cooperatives, Anand Milk Union). Public = government; private = individuals/companies; joint = government + private.
Solve this in the app — UP Board Class 10 practice & 24k+ MCQs →
Related questions