The Supreme Court enunciated few tests for determining whether an entity is an instrumentality or agency of the State. Which of the following is not one of them?

A. Where the entire share capital of the corporation is held by the Government

B. Where financial assistance of the State can meet almost entire expenditure of the Corporation

C. Where the Corporation enjoys monopoly status which is not State conferred

D. Existence of deep and pervasive State control

Answer: Option C