Gas Authority of India Ltd. Is carrying on various projects of energy and power.
Majority of its shares are held by government of India. It is managed by Board of
directors appointed by government.
a) Name and explain the type of public sector enterprise referred to in the above para.
b) List any three merits of this form of enterprise
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(a)Government Company
(b) 1-Limited Liability. The liability of the members in a corporate enterprise is limited to the face value of the shares held by them. ...
2-Easy Mobilization of Resources. ...
3- Possibilities for Expansion. ...
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a) Name and explain the type of public sector enterprise referred to in the above para.
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