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Question
What is meant by a Government Company?
Solution
A “Government company” is defined under Section 2(45) of the Companies Act, 2013 as “any company in which not less than 51% of the paid-up share capital is held by the Central Government, or by any State Government or Governments, or partly by the Central Government and partly by one or more State Governments, and includes a company which is a subsidiary company of such a Government company”.
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RELATED QUESTIONS
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:
A government company is a __________ entity separate from the government.
Answer in one sentence.
What is Government Company?
Distinguish Between.
Departmental Organisation and Government Company.
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 Government Company and its features.
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. | ||
