Business Studies, asked by decentgirl72, 8 months ago

what are departmental undertakings ? Write it characteristics?​

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Answered by anjali973177
3

Answer:

Departmental Undertakings are the common and more established form of establishing public enterprises. These enterprises are formed, operated, and part of the department of the ministry.

The main characteristics of departmental undertakings are as follows:

The funding of these enterprises come directly from the Government Treasury

The portion of the budget is allocated for these departmental undertaking.

The revenue earned by these is also paid into the treasury.

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