Business Studies, asked by mjawanda594, 10 months ago

3. Indian Railways is the example of which form of
public enterprises?
(a)department undertaking
(b) Government Company
(c)public corporation
(d) None of the above.

Answers

Answered by srajikasingh0520
6

Answer:

here is your answer

Explanation:

(c) public corporation

Answered by dreamrob
0

Indian Railways is the example department undertaking public enterprises ( Option a is the correct answer)

  • The oldest and maximum traditional shape for a public zone organization is a departmental initiative. Similar to some other authorities body, it's far structured, funded, and controlled on this way. A minister who's responsible to the parliament oversees the project.
  • A statutory corporation, companies, or different our bodies wherein the India has a budgetary or managers can gain or is set up via way of means of the authorities with the reason of development, manipulate monopoly via way of means of the non-public zone entities, promote the goods and offerings at an low-cost rate are examples of presidency entities.
  • Departmental tasks are situation to the identical widespread budgeting, accounting, and auditing requirements as authorities departments.
  • The civil servants who oversee departmental tasks need to adhere to the identical provider necessities as different authorities employees.
  • A departmental mission can't be sued in any respect with out the authorities's permission.

Hence, Indian Railways is the example department undertaking public enterprises

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For more information about Indian Railways and department undertaking, you can refer to the following questions

Indian railways is the example of form of public enterprises

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