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Question
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.
- Find out the type of this company.
- Tell any two features of this company.
- Give an example of this type of company.
Solution
- ‘X’ company is a Government Company.
- Separate legal entity and Registration under the Companies Act, 2013 are the features of ‘X’ Government Company.
- Hindustan Machine Tools (HMT), State Trading Corporation (STC), are examples of the Government Company.
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RELATED QUESTIONS
Select the correct option and rewrite the sentence:
In government company minimum __________ % paid-up capital is held by the government.
Select the correct option and rewrite the sentence:
The shares of government company are purchased in the name of ___________
Select the correct option and rewrite the sentence:
Government on the advice of ___________ Appoints auditor of government company.
Select the correct option and rewrite the sentence:
A government company is a __________ entity separate from the government.
Select the correct option and rewrite the sentence:
_________ 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.
Answer in one sentence.
What is Government Company?
Explain the following term/concept.
Government 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.
Attempt the following.
Demerits of Government Company.
Answer the following in detail.
Explain merits and demerits of Government Company.
What is meant by a Government Company?
Match the pairs.
| Group 'A' | Group 'B' | ||
| A) | BHEL | 1) | Special Legislature |
| B) | Statutory Corporation | 2) | 49% paid up capital by govt. |
| C) | Department Organisation | 3) | Service Motive |
| D) | Private Sector | 4) | Railway |
| E) | Public Sector | 5) | Profit Motive |
| 6) | 51% Paid up capital by govt. | ||
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. | ||
