Question

A government company is any company in which the paid up capital held by the government is not less than
(a) 49 per cent
(b) 51 per cent
(c) 50 per cent
(d) 25 per cent

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. It is owned and controlled by the state only. The main objective of a public sector is to promote public welfare.

Example of Government companies are : Coal authority of India, Bharat heavy electricals Limited,etc  

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Answer 2

Answer:

51 per cent

Explanation: