Business Studies

Identify the type of public sector enterprises on the basis of the following clues about it, in each of the following cases and also give an example of the same in real life.
(a)  It doesn't hold majority shareholding by the community and neither does it accept any interference in audit and accounting from the government but at the same time enjoys high dividend distribution to its members in case of profits.
(b)  It is a soul and heart of the government activities itself with parliamentary accountability.
(c)  It has its own constitutional code of conduct and is registered under a special legislation passed by the parliament.


SOLUTION
(a) Departmental undertaking.
(b)  Government company.
(c)  Statutory corporation.
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Subjective Medium Published on 18th 08, 2020
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