what is a public corporation?Give two examples
Answers
Answer:
An integer is colloquially defined as a number that can be written without a fractional component. For example, 21, 4, 0, and −2048 are integers, while 9.75, 5+1/2, and √2 are not. A car travels 20m in 5th second and 32m in 8th second then find : acceleration of car, Initial velocity of car, Distance travelled by car at 10th second & 20th second.
Answer:
A public corporation or statutory corporation is formed by a special act by the parliament or state legislature. The act specifies the rules and regulations as well as the powers and functions of the employees. It is funded by the Government. It is a separate legal entity. ... Ownership: It is owned by the state.
EXAMPLES OF PUBLIC CORPORATION ARE:-
LIC, Food Corporation of India (FCI), ONGC, Air India, Indian Airlines, State Bank of India, Reserve Bank of India, Employees State Insurance Corporation, Central Warehousing Corporation, Damodhar Valley Corporation, National Textile Corporation, Industrial Finance Corporation of India (IFCI), Unit Trust of India (UTI) ..