Question

Distinguish between autonomous corporations and government companies.

Answer 1

Distinguish between autonomous corporations and government companies:

• The word "autonomous-governing body" refers to a ‘self-governing body’, ‘independent or subject’ to its own legislation.
• If a business is an independent body or organization, it is governed by the law of the business.
• If it is a company, it is regulated by the company registration law.
• According to the “Companies Act”, 2013, a "Government Company" is defined as a "company in which no less than “51%” of the ‘paid-up share capital’ is held by the ‘central government’.

Answer 2

Answer:

Induced investment is that investment which is governed by income and amount of profit in return i.e. higher profit may lead to higher investment and vice versa. Autonomous investment is that investment which is independent of the level of income or profit and is not induced by any changes in the income.