which of the following statement is not true to the PSUs in india.
* they have generated large scale employment.
* high returns on investment
* created a diversifies industrial base for india
* foreign exchange
Answers
Answer:
* created a diversifies industrial base for india
Answer:
PSUs are a government-owned corporation in India.
Explanation:
The full form of PSU is Public Sector Undertaking. State-owned corporations or enterprises in India are recognized as PSUs. The government introduces PSUs under its sign and standard for carrying out commercial work. Though state-owned companies are less apprehensive about profit making and much more oriented toward national purposes. The main goal is to work for the nation in expanding and developing the economy.
The following statement is not true in regards to PSU They created a diversified industrial base for India. PSUs are government owned and don't diversify the industrial base in India. It holds more than 51% or 51% of paid-up share capital. Government organizations mostly work for nations' welfare.
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