Business Studies, asked by nivetha0316, 8 months ago

(a)Which form of public sector bought into existence by a special Act of the parliament. (b) Mention any two features of such enterprise. (3 marks) *​

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Answered by Anonymous
13

Answer:

Statutory corporations

Statutory corporations: Statutory corporations are public enterprises brought into existence by a Special Act of the Parliament. The Act defines its powers and functions, rules and regulations governing its employees and its relationship with Government departments.

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Answered by Anonymous
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