Q.Public Sector Undertakings are owned by :

India runs a mixed economy — the government deliberately allows both privately owned and government owned businesses to operate side by side. On this basis the economy is divided into two sectors.

The private sector is made up of businesses owned by an individual or a group of individuals. Its familiar forms are the sole proprietorship, partnership, joint Hindu family, cooperative and company.

The public sector consists of organisations owned and managed by the government — partly or wholly, at the central or state level. Some are run as a part of a ministry, others come into being through a Special Act of Parliament. Through them the government participates directly in the country's economic activity. …