1 How GPAs work mathematically. A common error applicants make is to add his or her GPA the four years of undergraduate study and then divide by 4, which may be confused with an overall undergraduate GPA. In fact, this is the AVERAGE GPA, which is different from an Overall GPA.  How AACOMAS GPAs work specifically.
(Redirected from Public Sector Undertakings in India) A state-owned enterprise in India is called a public sector undertaking (PSU) or a public sector enterprise. These companies are owned by the union government of India, or one of the many state or territorial governments, or both.
DEFINITION of 'Private Sector'. The part of the economy that is not state controlled, and is run by individuals and companies for profit. The private sector encompasses all for-profit businesses that are not owned or operated by the government. Companies and corporations that are government run are part of what is known as the public sector, while charities and other nonprofit organizations are part of the voluntary sector. Next Up.