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sertanlavr [38]
2 years ago
12

What is joint sector investment.​

Advanced Placement (AP)
2 answers:
Keith_Richards [23]2 years ago
8 0

Answer:

The joint sector would include units in which both public and private investments have taken place and where the state takes an active part in direction and control.

Explanation:

According to JRD Tata a joint sector enterprise is intended to form a partnership between the private sector and the Govt. The term 'joint sector' is applied to an undertaking only when both its ownership and control are effectively shared between public sector agencies and a private group. The basic idea underlying the concept is combination of joint ownership, joint control and professional management.

gizmo_the_mogwai [7]2 years ago
3 0

Answer:

The joint sector would include units in which both public and private investments have taken place and where the state takes an active part in direction and control.

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Explanation:

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trasher [3.6K]

The capital on 31 January 2020 was approx $ 50000 as the owner has not make any drawing this year. Hence option B is correct

<h3>What is capital?</h3>

Capital is defined as the total amount of financial resources needed to manufacture goods or services. These cash may be employed to start up operations, cover ongoing costs, or develop and extend the company.

As given profit made this year = $ 10000

So the capital on 31 January 2020 = approx $ 50000

Thus, the capital on 31 January 2020 was approx $ 50000 as the owner has not make any drawing this year. Hence option B is correct

To learn more about capital, refer to the link below:

brainly.com/question/29052534

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