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Form of publ ic sector organiation  that the Indian Railways represent
  • a)
    Departmental undertaking
  • b)
    Statutory Corporation
  • c)
    Company registered under Companies Act
  • d)
    Public utility Corporations
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Form of publ ic sector organiation that the Indian Railways representa...
The correct option is A.
Departmental undertakings are the oldest among the public enterprises. A departmental undertaking is organised, managed and financed by the Government. It is controlled by a specific department of the government. Each such department is headed by a minister. All policy matters and other important decisions are taken by the controlling ministry. The Parliament lays down the general policy for such undertakings. Example 1. Posts & Telegraph 2. Railways 3. All India Radio (AIR) 4. DoorDarshan (TV) 5. Ordnance Factories .
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Form of publ ic sector organiation that the Indian Railways representa)Departmental undertakingb)Statutory Corporationc)Company registered under Companies Actd)Public utility CorporationsCorrect answer is option 'A'. Can you explain this answer?
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