Question

The share of government company are purchased in the name of

Answer 1

Answer:

Shares in a Government company can be held in the name of the President of India or the Governor of a State.

Explanation:

HOPE IT HELPS

MARK MY ANSWER AS BRANLIEST

Answer 2

Explanation:

The shares of the company are purchased in the name of the President of India. Since the government is the major shareholder and exercises control over the management of these companies.Atleast 51% of the shares must be owned by the government in order to be a government company. The rest can be owned by individual or private companies.

Atleast 51% of the shares must be owned by the government in order to be a government company. The rest can be owned by individual or private companies.