Question

6. How much is the minimum proportion of Government capital in Government Company? (a) 51 % (b) 61 % (c) 75 % (d) 100%​

Answer 1

Answer:

Correct option is B)

Section 2(45) of the Indian companies act, 2013, defines government company as, "Any company in which not less than 51% of the paid up share capital is held by the central government, or by any state government.