Q1. Which of the following is an example of a joint sector industry? Choose the most appropriate option from below.
Explanation
Oil India Limited is treated in standard school-level industrial classification as an example of a joint sector industry because it developed with participation beyond a single wholly state-owned undertaking. Hindustan Aeronautics Limited, Steel Authority of India Limited and Bharat Heavy Electricals Limited are better known as major public sector enterprises owned and controlled by the government. The question asks for the most appropriate example of the joint sector, so Oil India Limited fits the classification, while the other three represent public sector industrial units rather than joint sector industry examples.