Correct option is D
The correct option to fill in the blank is (d)
sector.
The term “private sector” is a common and standard term in economics referring to businesses and industries that are not owned or operated by the government. (निजी क्षेत्र)
Example:
The private sector plays a vital role in employment generation.
Explain why other options are incorrect:
division: A part of an organization (प्रभाग)
segment: A section or portion (खंड)
section: A distinct part or subdivision (विभाग)
Only “sector” correctly fits the phrase “private sector” in an economic context.