The rationale of expanding role of the public sector stems mainly from which of the following factor......

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The rationale of expanding role of the public sector stems mainly from which of the following factors ? (2 marks)

(i) The failure of the private sector in certain crucial areas

(ii) The exploitation of the society by the private sector

(iii) The revenue need of the Central Government

(iv) The demand of economic justice

(v) The need for accelerating the pace of economic growth

Codes :

(i), (ii), (iii) and (iv)

(ii), (iii), (iv) and (v)

(i), (iii), (iv) and (v)

(i), (ii), (iv) and (v)

Explanation:

(i), (ii), (iv) and (v)

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