Question

Caselet 17: The India Tourism Development Corporation came into existence in October
1966 and has been the prime mover in the progressive development, promotion and expansion
of tourism in the country. The authorized capital of the corporation is 75 crores and the
paid up capital as on 31.3. 2005 was *67.52 crores. 89.9% of the paid up equity capital of
the corporation is held in the name of President of India. whereas Indian Railways is India's
national railway system operated by the Ministry of Railways. It manages the fourth-largest
railway network in the world by size, with 121,407 kilometres of total track over a 67,368-
kilometre route.
On the basis of the given information about public sector undertaking, answer the following
questions:
(a) How will you classify the above stated undertakings as a form of public sector
enterprise?
(b) Differentiate between the form of public sector enterprise identified in part (a) on any four basis

Answer 1

Answer:

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