Question
Download Solution PDFWhich of the following is NOT an example of a public sector company?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is NSE.
Key Points
- Public sector companies are those that are owned and operated by the government.
- They are established to provide essential services to the public and contribute to the country's economic growth.
- Public sector companies are usually involved in industries such as energy, healthcare, transportation, and defense.
- NSE (National Stock Exchange) is not a public sector company but a private company.
- It is one of the leading stock exchanges in India and provides trading platforms for various financial instruments such as stocks, derivatives, and currencies.
- NSE was established in 1992 and has a market capitalization of over $2 trillion.
- SAIL
- SAIL (Steel Authority of India Limited) is a public sector company owned by the Government of India.
- It is one of the largest steel-making companies in India and operates several steel plants across the country.
- SAIL is involved in the production and distribution of steel products for various industries such as construction, infrastructure, and automobile.
- ONGC
- ONGC (Oil and Natural Gas Corporation) is a public sector company owned by the Government of India.
- It is India's largest oil and gas exploration and production company and operates several oil fields across the country.
- ONGC is involved in the exploration, production, and distribution of oil and gas products for various industries such as energy, transportation, and petrochemicals.
- BHEL
- BHEL (Bharat Heavy Electricals Limited) is a public sector company owned by the Government of India.
- It is one of the largest engineering and manufacturing companies in India and specializes in the production of power equipment such as turbines, generators, and boilers.
- BHEL is involved in the design, development, and manufacturing of power equipment for various industries such as energy, infrastructure, and defense.
Last updated on Jun 12, 2025
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