Topics:
CH-8: COMPARATIVE DEVELOPMENT EXPERIENCES OF INDIA AND ITS NEIGHBOURS, Indian Economic Development, NCERT Books
State Owned Enterprises in China
In China, enterprises owned by government are known as:
- Public Sector Undertakings
- State Owned Enterprises (SOEs) — Correct Answer
- Commune Enterprises
- Township Enterprises
Explanation:
Correct Answer Explanation
Government-owned enterprises in China are known as State Owned Enterprises (SOEs), equivalent to public sector enterprises in India.
Key Points:
- SOEs were made to face competition during reforms.
- Private sector firms and township/village enterprises were allowed to produce goods.
- Township and village enterprises were owned by local collectives.
Why Other Options Are Wrong
- A: Indian term, not Chinese.
- C, D: These are different categories of enterprises.
📚 About this Topic — CH-8: COMPARATIVE DEVELOPMENT EXPERIENCES OF INDIA AND ITS NEIGHBOURS
This multiple choice question is from CH-8: COMPARATIVE DEVELOPMENT EXPERIENCES OF INDIA AND ITS NEIGHBOURS, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-8: COMPARATIVE DEVELOPMENT EXPERIENCES OF INDIA AND ITS NEIGHBOURS to strengthen your preparation.
