Question

Identify the types of public sector undertakings in the following situations: (1X4=4)

a) These enterprises are subject to accounting and audit controls applicable to other Government activities.

b) The employees of these enterprises are not government or civil servants and are not governed by

government rules and regulations.

c) These enterprises has a separate legal existence i.e., it can file a suit in a court of law against any third

party and be sued; can enter into a contract and can acquire property in its own name.

d) These enterprises are wholly owned by the state. The government has the ultimate financial responsibility

and has power to appropriate its profits.

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Answer 1

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