Public and private enterprises

The oldest form of organisation of public enterprises

• Statutory corporation

• Departmental undertakings

• Government company

• Multi- national corporation

Steel authority of india limited(SAIL) is an example of

Dis-investments of PSE's implies

• Closing down operations

• Investing in new areas

• Sale of equity shares to private sector/public

• Buying shares of PSE's

The paid up capital held by government in government company is not less than

• 49%

• 54%

• 51%

• 50%

Which form of public enterprise is most suitable when national security is concerned?

Public enterprises are owned by public

• True

• False

In whose name the shares of the government company are purchased?

A government company enjoys maximum autonomy.

• True

• False

Which of the following is true about statutory corporation?

• Statutory corporations are public enterprises which come into existence by a special act of parliament.

• Statutory corporations are subject to same accounting and audit rules as applicable to other government departments.

• Statutory corporations are funded directly by government treasury.

A public enterprise deals in manufacturing of engineering goods and compete with private sector enterprises in order to achieve higher profits. It is a public sector enterprise in which government of India held 80% of paid up share capital and it is registered as per company act,1956. Which type of public sector enterprise is discussed above?