asim being a commerce student ask his father about his work .as asim's father work in a public company which is established purely for business purposes and in true spirit to compete with with the private sector companies his father also told him that 51% of paid up capital of the company has been held in the name of president of india he was amazed to hear the fact (a) identify the public sector company in which asim's father work (b) explain any two feature of the public sector company identified in question (a)
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A) asim's father work under government company.
B) features of public company are as follows:
1) In public company we can issue the prospectus.
2) In public company shares are easily transfereble.
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