Question

What is the name given to the business enterprises owned and managed by the Government?​

Answer 1

Public enterprises...

Answer 2

Public Enterprises is the name given to the business Enterprises owned and managed by the government.

• Government Enterprises are those enterprises which are completely or partly owned by the state.
• The government is the key decision-maker in public enterprises.
• The main motive of these enterprises is to benefit society.
• It has an independent legal existence from the government and the executive.
• One of the biggest examples of a public enterprise is the Indian Railways.