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Question
The company shown in the image collaborates with private companies for technical expertise. Which form of organisation does this represent?
Options
Statutory Corporation
Government Company
Departmental Undertaking
Public Trust
MCQ
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Solution
Government Company
Explanation:
The company shown in the image, Hindustan Aeronautics Limited (HAL), is a government company because it is majority-owned by the government and works with private enterprises for technical assistance. Government firms are governed by the firms Act and mostly focus on public sector activities, with limited private sector involvement for specialised services.
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