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State PCS PYQPrelims 2019

UPPCS · Question 75

With reference to the functions of the Public Sector in India, which of the following statements is/are correct? I. To provide public utility resources II. To build social and economic overhead capital III. To ensure balanced regional and sectoral development IV. To pursue egalitarian goals Select the correct answer using the codes given below:

  1. I, II and III are correct
  2. II, III and IV are correct
  3. I, II, III and IV are correct
  4. I, III and IV are correct
Show answer & explanation

Answer: (C) I, II, III and IV are correct

Explanation

The public sector was meant to provide public utilities, build social and economic overheads (infrastructure), ensure balanced regional and sectoral development, and pursue egalitarian goals. All four are correct.