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Which of the following has the power of the government and the considerable amount of operating flexibility of public enterprise? - Commercial Applications

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Question

Which of the following has the power of the government and the considerable amount of operating flexibility of public enterprise?

Options

  • Department undertaking

  • Statutory corporations

  • Government companies

  • All of the above

MCQ
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Solution

All of the above

Explanation:

  1. Departmental Undertakings, Statutory Corporations, and Government Companies are all forms of public enterprises.
  2. Each is created by the government, so they all have government powers and authority.
  3. At the same time, each is given significant operational flexibility in order to function efficiently and commercially.
  4. As a result, all three systems mix government control with differing degrees of operational independence.
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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. 18. | Page 76
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