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Answer in one sentence. What is Government Company? - Organisation of Commerce and Management

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Question

Answer in one sentence.

What is Government Company?

One Line Answer

Solution

The Company which is registered under Companies Act, 2013 having a minimum 51% of paid-up share capital held by central government or any state government or partly by the central government and partly by one or more state governments is known as Government company.

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Government Company
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Chapter 5: Forms of Business Organisation - 2 - EXERCISE [Page 114]

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Balbharati Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board
Chapter 5 Forms of Business Organisation - 2
EXERCISE | Q 1. G) 1) | Page 114

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Select the correct option and rewrite the sentence:

In government company minimum __________ % paid-up capital is held by the government.


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The shares of government company are purchased in the name of ___________


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Government on the advice of ___________ Appoints auditor of government company.


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A government company is a __________ entity separate from the government.


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_________ Company has public accountability.


Complete the sentence.

A Government company is a ________ entity separate from the government.


Complete the sentence.

All government companies are registered under ____________ Act, 2013.


Explain the following term/concept.

Government Company.


Study the following case/situation and express your opinion.

There is X company in which capital contribution by different entities is as follows: Madhya Pradesh Government 35%, Maharashtra Government 35%, and Government of India 30% of the company.

  1. Find out the type of this company.
  2. Tell any two features of this company.
  3. Give an example of this type of company.

Distinguish Between.

Government Company and Multinational Corporation.


Answer in brief.

State any four merits of Government Company.


Attempt the following.

Features of Government Company.


Answer the following in detail.

Explain Government Company and its features.


What is meant by a Government Company?


What are the Features of Government company? (Any 5)


Match the pairs.

Group ‘A’ Group ‘B’
A) BHEL 1) Special Legislature
B) Statutory Corporation 2) 49% paid up capital by govt.
C) Departmental Organisation 3) Service Motive
D) Private Sector 4) Railway
E) Public Sector 5) Profit Motive
  6) 51% paid up capital by govt.

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