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Question
In government company minimum ______ % paid-up capital is held by the government.
Options
51
41
31
MCQ
Fill in the Blanks
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Solution
In government company minimum 51 % paid-up capital is held by the government.
Explanation:
A government company is one in which the central or state government holds at least 51% of the paid-up share capital. This majority shareholding ensures government control over the company’s management and decisions.
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Chapter 5: Forms of Business Organisation - II - EXERCISE [Page 113]
