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Differentiate between… (Class 10 Social Science 2024, Q24)

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Social ScienceCBSE Class 10 · Board exam 2024, set 32/1/1 · 2 marks · Very short answer

CBSE Class 10 Social Science 2024: question 24

Set in the CBSE Class 10 board exam of 2024, paper 32/1/1, section B, question 24, for 2 marks. Try it first; the hints and our step-by-step solution are below.

Q24 · 2 marks · Very short answerSectors of the Indian Economy

Differentiate between Public and Private Sector.

Source: official question paper from cbse.gov.in (PDF). See it in the full 2024 board paper, set 32/1/1.

Hints

Open one hint at a time and try again before the next.

Hint 1

Ask who owns the assets in each sector.

Hint 2

Then compare what each sector aims at: welfare or profit.

Step-by-step solution

Each step shows the marks it earns, as an examiner would award them. Checked by an independent re-solve from the question paper.

  1. Ownership: in the public sector the government owns most of the assets and provides the services. In the private sector the assets are owned by individuals or companies.

    1 mark

  2. Motive: the public sector is guided by the welfare of society, e.g. Railways or the Post Office. The private sector is guided by the motive to earn profit, e.g. Tata Steel or Reliance Industries.

    1 mark

Answer: Public sector: government-owned and welfare-oriented (Railways). Private sector: privately owned and profit-oriented (Tata Steel).

Where the marks are

  • Difference in ownership of assets (1 mark)
  • Difference in motive, with examples (1 mark)

Revise the chapter

Practise this chapterBoard-style questions from Sectors of the Indian Economy, one at a time, marked against the answer key and marking points.Back to the full paper2024 board paper, set 32/1/1: every question, by section.

The question is transcribed from the official paper; figures are described in words. The solution, hints and chapter tag are ours. Spotted an error? Write tosupport@questionbuddy.in.