Business Studies, asked by eshane9, 8 months ago

examples of statutory corporations? ​

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Answered by neerchaudhary9
7

Answer:

Statutory Corporations: Meaning, Features, Merits, Demerits & Examples

Statutory corporations are body corporates formed by a special act of parliament or by the central or state legislature. It is fully financed by the government. Its powers, objects, limitations etc. are also decided by the act of the legislature. Examples include Air India, State Bank of India, Life Insurance Corporation of India etc.

Answered by krishnamehar3969
1

Answer:

here

Explanation:

Statutory corporations are body corporates formed by a special act of parliament or by the central or state legislature. It is fully financed by the government. ... Examples include Air India, State Bank of India, Life Insurance Corporation of India etc.

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