Question : Which of the following is an example of a joint sector industry in India?
Option 1: BHEL
Option 2: SAIL
Option 3: Oil India Ltd
Option 4: TISCO
Correct Answer: Oil India Ltd
Solution : The correct option is Oil India Ltd .
Oil India Limited is an example of a joint sector industry in India. Joint-sector industries are those in which the government and private individuals or corporations share ownership and control. Oil India Limited is a public sector undertaking where the government holds a significant stake, and it operates in the exploration, production, and transportation of crude oil and natural gas.
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