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A government company is allowed to borrow funds and make contracts independently. This reflects which feature of a government company? - Commercial Applications

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Question

A government company is allowed to borrow funds and make contracts independently. This reflects which feature of a government company?

Options

  • Flexibility

  • Accountability

  • Bureaucratic Interference

  • Financial Dependence

MCQ
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Solution

Flexibility

Explanation:

A Government Company can borrow funds and enter into contracts on its own, allowing it to operate more like a private business while remaining government-owned. This feature allows it to manage its activities without bureaucratic interference.

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Chapter 6: Public Sector Enterprises - EXERCISES [Page 76]

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C. B. Gupta Commercial Applications [English] Class 9 ICSE
Chapter 6 Public Sector Enterprises
EXERCISES | Q I. 17. | Page 76
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