Read the following passage and answer the question that follows:

Net profits are only 2.2% of their total assets for central public sector undertakings, lower than for the private corporate sector. While the public sector or the State-led entrepreneurship played an important role in triggering India's industrialization, our evolving development needs, comparatively less-than-satisfactory performance of the public sector enterprises, the maturing of our private sector, a much larger social base now available for expanding entrepreneurship and the growing institutional capabilities to enforce competition policies would suggest that the time has come to review the role of public sector...

The author prefers government as the umpire and private sector as players because

Question

Read the following passage and answer the question that follows:

Net profits are only 2.2% of their total assets for central public sector undertakings, lower than for the private corporate sector. While the public sector or the State-led entrepreneurship played an important role in triggering India's industrialization, our evolving development needs, comparatively less-than-satisfactory performance of the public sector enterprises, the maturing of our private sector, a much larger social base now available for expanding entrepreneurship and the growing institutional capabilities to enforce competition policies would suggest that the time has come to review the role of public sector...

The author prefers government as the umpire and private sector as players because

Accepted Answer

Correct Option: (A) Government prescribes norms for a fair play by the private sector.

The author prefers government as the umpire and private sector as players because

हिंदी में प्रश्न एवं आदर्श उत्तर