Business Studies

A subsidiary of government company is also treated as a ___________. 


Answer & Solution

Government Company


SOLUTION
The Central Government, or Any State Government or Governments, or Partly by the Central Government and partly by one or more State Governments, or includes a Company which is a Subsidiary Company of such a Government Company; A Subsidiary of Government Company shall also be treated as a Government Company.
Government Company is a company or an organization in which at least 51% of the paid up share capital is held by the central government or the state government or partly by both central and state government. A company having business operations in India and registered under the Indian Companies Act, 1956 is called Indian Company. An Indian company may be formed as a public limitedprivate limited or government company
.the   government-owned corporation is a legal entity that undertakes commercial activities on behalf of an owner government. Their legal status varies from being a part of the government to stock companies with a state as a regular stockholder.
View Answers

You're just one step away


Single Correct Medium Published on 18th 08, 2020
Next Question
Questions 244558
Subjects 8
Chapters 125
Enrolled Students 310
Enroll Now For FREE

Realted Questions

Q1 Single Correct Medium
Promotion of Global co-operation through an MNC is an advantage gained by _________.
  • A. home country
  • B. host country
  • C. both country
  • D. none of the above

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q2 Single Correct Medium
Audit of Government Company is done by C & AG. This statement is ______________.
  • A. True
  • B. False
  • C. Partly True
  • D. Partly False

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q3 Single Correct Medium
Company has ________ sucession.
  • A. Longer
  • B. Continued
  • C. Perpetual
  • D. Limited

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q4 Single Correct Medium
_____is the conclusive evidence in case of company that statutory all the requirements have complied with regarding the company registration.
  • A. Certificate of incorporation
  • B. Certificate of commencement of business
  • C. Both
  • D. None of the above

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q5 TRUE/FALSE Medium
Success in a joint venture depends on comprehensive research and a detailed analysis of aims and objectives.
  • A. True
  • B. False

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer