Answer the following all question

Answer the following all question 2. 3. 4. 5. 6. Chapter 3 Railways are the part Of 'Ministry Of Government of India.' It is fully controlled and financed by the concerned ministry. Its annual budget makes provision for the funds needed by the department. This is not an autonomous independent for its functioning . Name the sector under which "Railway' come. Name the concerned Ministry Of this organization. (iii) What other types of organizations come under this sector? (iv) How is this kind Of organization different from other types Two years back Rahul had joined branch of bank of Baroda as Assistant Manager in the Term Deposits division in Delhi . Whereas, his younger brother Rohan recently joined HDFC Bank as Business Development Manager in Kolkata. While discussing about their job experiences both the brothers realized that the working of the two banks varies primarily because they belong to different sectors of the economy . However , on certain parameters the approach of both the banks is similar like, offering a higher rate of interest on term deposits made by senior citizens, ensuring safety and security in netbanking. Etc. In context of the above case: (a) By quoting lines from the paragraph identity the two sectors being highlighted. (b) State any three differences between the two sectors as identified in part (a) of the question. (c) List any two values that banks wish to communicate to the society. Indian Railway is the fourth largest railway network in the world . It is owned and operated by the government of India through the Ministry of Railways. It is responsible for rail transport in India. Indian Railways is the world's eighth biggest employer and had 1.331 million employees at the end of 2015-16 . Discounted tickets are available for senior citizens (above sixty years ) and some other categories of passengers including the specially abled students ,sportS persons, persons affected by serious diseases, Or persons appearing for competitive examinations. In the context of the above case: (a) Indian Railway is classified as which type of public sector enterprise and why ? (b) In what category are the employees of Indian Railways placed? Life Insurance Corporafion of India is the largest insurance company in India . It is headquartered in Mumbai .1t was founded in the year 1956 when the parliament of India passed the Life Insurance of India Act that nationalized the private insurance industry in India . Over 245 insurance companies and provident societies were merged to create the state owned Life Insurance Corporation. In context of the above case: (a) Life Insirance Corporation of India is classified as which form of public sector enterprise ? (b) Was it necessary the for Parliament of India to pass the Life Insurance of India Act for its formation? What does the Act define?(c)State any three merits Of promoting Life Insurance Corporation of India in a particular form Of public sector enterprise as identified in part (a) of the question. Bharat Heavy Electricals Limited (BHEL) was founded in the year 1964 by the Government of India . It is the largest power plant equipment manufacturer in the country with 74 % market share in the power sector. It has a network power. It has a network of 17 manufacturing units , 2 repair units , 4 regional offices, 8 service centers overseas offices, 15 regional centres, 7 joint ventures and infrastructure allowing it to execute more than 150 projects at sites across India and abroad. It has been granted the prestigious Maharatna (big gem) status in the year 2013 by Government of India for its outstanding performance and vast scale. Maharatna status affords the Boards of these companies enhanced financial and operational autonomy. In context of the above case: (a) How will you classify Bharat Heavy Electricals Limited (BHEL) as a form Of public Sector enterprise? (b) State any three feature of the form of public sector enterprise as identified inpart (a) of the question. (c) Explain briefly 'financial and operational autonomy' as a merit of the type of public sector enterprise as identified in part (a) of the question. India's telecommunication network is the second largest in the word by number of telephones users and has one of the lowest call tariffs in the world. Major sec and television broadcast. Indian telecom ind ecommunication industry are telephone ,internet Igh pace of market liberalization and growth since 1/3 the 1990s and now has become the world's one of the fastest growing telecom markets. Moreover, telecommunication has supporte c development Of India and has played a significant role to narrow down the rural- urban digital divide to some extent. It has also helped to increase the transparency

Dear student
The solution to your questipn number 2 is
(a) 'Rahul had joined branch of bank of Baroda'
   sector--​​​​​PUBLIC SECTOR  (bank of Baroda is a government bank)
'Rohan recently joined HDFC Bank'
sector -- PRIVATE SECTOR (HDFC Bank is private bank)

(b) differences 
 
 public sector private sector
The sector of a nation which is under the control of govt is called public sector the sector which is owned and controlled by private individuals is called private sector
its objective is welfare of citizens of country its objective is to earn profits
example- railways ,bSNL , Post office example-HDFC bank,Reliance 

   (c) two values
 1) welfare of society
2)concern towards senior citizens
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