A public corporation means _________.
A. Public company
B. Government company
C. Statutory corporation
D. Department of union government
Answer: Option C
Solution(By Examveda Team)
A public corporation means Statutory corporation. Statutory corporations are public enterprises brought into existence by a Special Act of the Parliament. The Act defines its powers and functions, rules and regulations governing its employees and its relationship with government departments.Related Questions on Business and Commerce
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