Answer:
Public sector:
(i) It is controlled and managed by the
government.
(ii) The main aim of the sector is public
welfare.
(iii) The sector provides basic facilities
like education, health, food and security to the people. For e.g.: Railways,
Post office, BSNL.
Private
sector:
(i) It is controlled and managed by an individual
or a group.
(ii) The main aim of the sector is
to earn profits.
(iii) Private sector does not provide any service at
a reasonable rate. For e.g.: Tatas, Birlas, Reliance.
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