Question

Life insurance corporation of india limited has been established by enactment of LIC Act 1956,the act prescibes its power,duties and function
b)Give any two other example of this type of public sector example​

Answer 1

Explanation:

Here, your answer

Examples of public sector...

1. As of 23 October 2019, there are 10 Maharatnas, 14 Navratnas and 74 Miniratnas.[18] There are nearly 348CPSEs (central public sector enterprises) in total.

2. In 1951, there were just 5 enterprises in the public sector in India, but in March 2019 this had increased to 348

Answer 2

Answer:

Police, military, public roads, public transit and public education are examples of public sector agencies. Public enterprises and nonprofits which, like agencies, deliver programs, goods or services, but are independent of the government and may have sources of revenue in addition to public funding