Advertisements
Advertisements
Question
The shares of government company are purchased in the name of ______.
Options
President of India
Chief Minister
Defence Minister
MCQ
Fill in the Blanks
Advertisements
Solution
The shares of government company are purchased in the name of President of India.
Explanation:
In a government company, the government’s shareholding is legally owned in the name of the President of India (for central government companies) or the Governor (for state government companies). This ensures official government ownership and control.
shaalaa.com
Is there an error in this question or solution?
Chapter 5: Forms of Business Organisation - II - EXERCISE [Page 113]
