find out the categories of the following companies into public company and private company.Bank of Baroda,Bajaj Appliances, Hindustan Machines Tool,Tata Motors
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Bank of Baroda & Hindustan Machines Tool are Public sector companies.
Tata Motors & Bajaj Appliances are Limited companies.
Explanation:
- The Public Sector is generally made up of organizations owned and run by the government, and they work to provide services to their people. Throughout India, a state-owned corporation is called a public sector company or a public sector corporation.
- A limited company is a form of corporate arrangement where the corporation has its own legal identity, independent from its owners (shareholders) and directors (managers).
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