Q7.Hindustan Machine Tools comes under which form of organisation :
a) Government company
b) Departmental undertaking
c) Public corporation
d) None of these.
Answers
Answered by
0
Answer:
Government company
it think so . please check
Answered by
0
Answer:
Government company
Explanation:
Hindustan Machine Tools comes under Government company.
- Government Company are a type of company of which not less than 51% of the paid up capital is held by the Central government of by state government or government singly or jointly.
- Examples are: Mahanagar telephone corporation ltd
- National thermal power corporation ltd
- Coal india ltd
- oil and natural gas corporation
- BHEL
- GAIL
- SAIL
2. Public corporation may be defined as the corporation owned controlled and managed by government of india for controlling and managing some public programs.
3. Departmental Undertakings is one of the earliest and traditional form of public sector. Indian Railways is one of the leading examples of departmental undertakings.
So, Hindustan Machine Tools comes under Government company in which 51 percent of paid up capital is held by central government.
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