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Vesting of management of Public Sector undertakings in India
- a)Government
- b)Board of Directors
- c)Managing Director
- d)Executive Director
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Vesting of management of Public Sector undertakings in Indiaa)Governme...
The correct option is A.
The business units owned, managed and controlled by the central, state or local government are termed as public sector enterprises or public enterprises. These are also known as public sector undertakings.
Government Ownership and Management: The public enterprises are owned and
managed by the central or state government, or by the local authority. For
example, National Thermal Power Corporation (NTPC) is an industrial organisation established by the Central Government and part of its share capital
is provided by the public. So is the case with Oil and Natural Gas Corporation
Ltd. (ONGC).
The government may either wholly own the public enterprises or the ownership
may partly be with the government and partly with the private industrialists and
the public. In any case the control, management and ownership remains
primarily with the government.
The business units owned, managed and controlled by the central, state or local government are termed as public sector enterprises or public enterprises. These are also known as public sector undertakings.
Government Ownership and Management: The public enterprises are owned and
managed by the central or state government, or by the local authority. For
example, National Thermal Power Corporation (NTPC) is an industrial organisation established by the Central Government and part of its share capital
is provided by the public. So is the case with Oil and Natural Gas Corporation
Ltd. (ONGC).
The government may either wholly own the public enterprises or the ownership
may partly be with the government and partly with the private industrialists and
the public. In any case the control, management and ownership remains
primarily with the government.
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Vesting of management of Public Sector undertakings in Indiaa)Governmentb)Board of Directorsc)Managing Directord)Executive DirectorCorrect answer is option 'B'. Can you explain this answer?
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Vesting of management of Public Sector undertakings in Indiaa)Governmentb)Board of Directorsc)Managing Directord)Executive DirectorCorrect answer is option 'B'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Vesting of management of Public Sector undertakings in Indiaa)Governmentb)Board of Directorsc)Managing Directord)Executive DirectorCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Vesting of management of Public Sector undertakings in Indiaa)Governmentb)Board of Directorsc)Managing Directord)Executive DirectorCorrect answer is option 'B'. Can you explain this answer?.
Vesting of management of Public Sector undertakings in Indiaa)Governmentb)Board of Directorsc)Managing Directord)Executive DirectorCorrect answer is option 'B'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Vesting of management of Public Sector undertakings in Indiaa)Governmentb)Board of Directorsc)Managing Directord)Executive DirectorCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Vesting of management of Public Sector undertakings in Indiaa)Governmentb)Board of Directorsc)Managing Directord)Executive DirectorCorrect answer is option 'B'. Can you explain this answer?.
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