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Distinguishes between public sector and private sector industries with suitable examples. 

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Public Sector Industry:- 

i. These are industries which are either nationalized or owned by the government of the country. 

ii. Indian railways. Oil India Ltd., steel plants at Bhilai, Bokar, Durgapur etc are good examples of these industries. 

iii. All or more than 50 % of the capital is invested by the government. 

Private Sector Industry:- 

i. These industries are owned by individuals, groups of individuals or firms. ii. Tata Iron and steel industry, D.C.M. Biria Mills, are good examples of these industries. 

iii. All the capital is invested by the individuals or private firms. All the profit goes to the owners and they pay all the debts incurred by the industries. 

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