Question

The interference of the government in the day to day working is highest in the case of *

a) Departmental organization

b) Statutory Corporation

c) Government Company

d) None

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Answer 1

• The interference of the government in day-to-day working is the highest in the case of a government company.
• A government company is a company in which the government or State Government who is 51% or more of the paid up capital.
• The working of various Government companies is done for some personal or political interest of the government.
• There is excessive regulation that is considered hindrance in the day today working or decision making of these companies.
• The requirement of excessive paperwork and hectic procedure before official action can be taken leads to the the failure of these companies.