हिंदी

Statutory Corporation is wholly owned by the government. Its entire equity share capital is contributed by the state. - Commercial Applications

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प्रश्न

Statutory Corporation is wholly owned by the government. Its entire equity share capital is contributed by the state.

विकल्प

  • True

  • False

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उत्तर

True

Explanation:

A Statutory Corporation is a public-sector enterprise established by a special act of Parliament or State Legislature that is entirely owned by the government. The state contributes all of the equity capital in a statutory corporation.

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अध्याय 6: Public Sector Enterprises - EXERCISES [पृष्ठ ७६]

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सी. बी. गुप्ता Commercial Applications [English] Class 9 ICSE
अध्याय 6 Public Sector Enterprises
EXERCISES | Q I. 21. | पृष्ठ ७६
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