Question

An organisation is carrying on various projects of construction of infrastructural facilities.
Majority of its shares are held by the government . It is registered under the Companies Act. The board of directors are appointed by the government. The company prepares its annual report and submit to the appropriate authorities.
(a) Name the type of public sector enterprise referred here.
(b) In whose name does the government buy shares? (c) State any four features of the type of public sector enterprise identified in part (a) other than those
discussed in the above para

Answer 1

Answer:

(a) 'Government Company'.

(b) President of Indian.

(c ) In both the houses of parliament, Lok Sabha as well as Rajay Sabha.