Examveda
Examveda

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.

This Question Belongs to Commerce >> Business And Commerce

Join The Discussion

Related Questions on Business and Commerce