With reference to the functions of the Public Sector in India, which of the following statements is/are correct?I.To provide public utility resources.II.To build social and economic overhead capital growth.III.To ensure balanced regional and sectoral development.IV.To pursue egalitarian goals.Select the correct answer using the codes given below:

1. A

   I, II and III are correct

   I–III are functions of the public sector in planning literature, but IV (egalitarian goals) is also a stated rationale. Omitting IV is incomplete.

2. B

   II, III and IV are correct

   II–IV are valid, but providing public utilities (I) is a classic public-sector role. Omitting I is wrong.

3. C

   I, II, III and IV are correct

   All four are standard functions of India’s public sector in mixed-economy teaching: public utilities, social/economic overhead capital, balanced regional and sectoral development, and egalitarian/redistributive goals. That is why (c) is the official key.

4. D

   I, III and IV are correct

   Dropping II (overhead capital) leaves out infrastructure-building SOEs, so this code is incomplete.

Summary. Official key is (c). Public sector roles include utilities, overhead capital, balanced development and egalitarian goals. I–IV are all correct.