Question

Ques. 13 Identify the types of public sector undertakings in the following situations. (a)These Enterprises are subject to accounting and audit controls applicable to other government activities. (b)The employees of these enterprises are not government or civil servants and are not governed by rule and regulations. (c)These enterprises have a separate legal existence that is it can file a suit in a court of law against any third party and be sued; can enter into contract and can acquire a property in its own name. (d)These enterprise are wholly owned by the state. The government has the ultimate financial responsibility and has the power to appropriate its profits.​

Answer 1

Answer:

Departmental undertaking.

(b)  Government company.

(c)  Statutory corporation.

Explanation:

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Answer 2

Ques. 13 Identify the types of public sector undertakings in the following situations. (a)These Enterprises are subject to accounting and audit controls applicable to other government activities. (b)The employees of these enterprises are not government or civil servants and are not governed by rule and regulations. (c)These enterprises have a separate legal existence that is it can file a suit in a court of law against any third party and be sued; can enter into contract and can acquire a property in its own name. (d)These enterprise are wholly owned by the state. The government has the ultimate financial responsibility and has the power to appropriate its profits.