Punjab Tourism Development Corporation (PTDC) is a

A. wholly owned public sector undertaking

B. jointly owned public and private sector undertaking

C. partially owned by a MNC

D. None of the above

Answer: Option A

Solution(By Examveda Team)

Punjab Tourism Development Corporation is a wholly owned public sector undertaking of the state government. The tourist complexes owned by the State Government were transferred to the Corporation on 1 April, 1979. At present, the corporation has 18 tourist complexes and 4 holiday homes.