Business Studies

Which of the following is example of a public corporation?
I. Life Insurance Corporation of India (LIC)
II. Employees State Insurance Corporation (ESIC)
III. Industrial Development Bank of India (IDBI)
Select the correct answer from the options given below.


ANSWER

$$I - \checkmark, II - \checkmark, III - \checkmark$$


SOLUTION
A company whose shares are publicly traded and are usually held by a large number (hundreds or thousands) of shareholders. The usual British term is a public limited company. A government-owned company such as an airline or public transit company. See also corporation sole. 
examples - LIC, Food Corporation of India (FCI), ONGC, Air India, Indian Airlines, State Bank of IndiaReserve Bank of India, Employees State Insurance Corporation, Central Warehousing Corporation, Damodhar Valley Corporation, National Textile Corporation, Industrial Finance Corporation of India (IFCI), Unit Trust of India(UTI). Employees State Insurance Corporation (ESIC), Industrial Development Bank of India (IDBI).
View Full Answer

Its FREE, you're just one step away


Single Correct Medium Published on 18th 08, 2020
Next Question
Questions 244531
Subjects 8
Chapters 125
Enrolled Students 145
Enroll Now For FREE

Realted Questions

Q1 Single Correct Medium
Administrative corruption includes "gift" to the _______.
  • A. Factory inspector
  • B. Boiler inspector
  • C. Pollution control board inspectors
  • D. All of above

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


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q2 Subjective Medium
Explain the following Principles of management, as advocated by Henry Fayol:
Order

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


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q3 Single Correct Medium
Which of the following entity is created under an Act of the Parliament or an Act of the State Legislature?
  • A. Statutory corporation
  • B. Government companies
  • C. Co-operative society
  • D. Limited Liability Partnership

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


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q4 TRUE/FALSE Medium
A joint venture can also be a result of agreement between two companies in two different countries.
  • A. True
  • B. False

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