Question

3.A government company is any company in which the paid-up capital held by the government
not less than
(a) 49 percent
(b) 51 percent (c) 50 percent
(d) 25 percent​

Answer 1

Answer:

A government company is any company in which the paid up capital held by the government is not less than 51 per cent. Among the given options option (b) 51 per cent is the correct answer. Explanation: Government company is a type of public sector.