Question

. Once upon a time a round of election to the five legislative assemblies of the country was in progress. The different political parties were putting in the best of their efforts to entice the people through their respective promises to them.There were three main political parties contesting elections in these states.one of the political parties made a promise that if they came into power,they would setup such public sector enterprises in the states which will have the partnership of both the public and the government. However, in these enterprises, the ownership of the government shall not be less than 51%.The setting up of these enterprises is done as per the provisions of the Indian Companies act,2013.The financing of these enterprises is done jointly by both ,the people and the government. The second political party promised that if they came into power,they would setup such public enterprises which will be completely under the ownership of the government. The burden of financing will not be put on the shoulders of the people,but they will be managed with the general budget.The third political party,which was contesting the elections for the first time,promised that on coming into power they would setup such public sector enterprises which will be fully financed by the government. However, there will be no bar to get loan from the people to set up them.They will be set up as per the special act passed by the parliament or the state legislative assembly. On the basis of the above paragraph Identify the type of public sector enterprises to be set up as being promised by the three political parties also state any two merits of each of them​

Answer 1

Explanation:

nt or the state legislative assembly. On the basis of the above paragraph Identify the type of public sector enterprises to be