Question

it is a public enterprise established under indian companies act and conducts business in competition with companies in private sector:a)identify type of public enterprise.b) what is minimum investment govt. has to make in such companies.c) In whose name shares of this type of company are purchased .d)explain any two merits and demerits of such companies

Answer 1

Answer:a) It's a government company

b) minimum 51% of the paid up capital and the shareholder's is government(major) through medium of the ministry concerned

c) MERITS: 1) Flexibility- they can change their rules in hour of need

2) Ouick decision- they can take quick decision in absence of uncessary formalities and red tapism

    DEMERITS: 1) no continuity in policies- speedy replacement of chairman causes change in policies rapidly

2)Incomplete operational autonomy- moer interference of government through government ministries in company

Explanation:

Answer 2

Answer:

Answer of your questions is in this attachment

Explanation:

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