Question

It is a public sector enterprise in which the Govt. of India held 80% of paid-up share capital and it is registered as per the Company Act, 1956. It deals in the manufacturing of Engineering goods and competes with private sector enterprises in order to achieve higher profits. i) Which type of public sector enterprise is discusses above. ii) Do the employees of such an organization considered Civil Employees? iii) Write any two characteristics of such an organization. iv) Write any two limitations of such an organization.

Answer 1

Answer:

Section 2(45) of the Indian companies act, 2013, defines government company as, "Any company in which not less than 51% of the paid up share capital is held by the central government, or by any state government."

Answer 2

Explanation:

दूध एंप्लॉय ऑफ आर्गेनाइजेशन कौन सी डेट सिविल एंपलॉयर