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Which one of the following is a Statutory corporation?
- a)Food Corporation of India
- b)Hindustan Machine tools.
- c)Chittranjan Locomotive Works.
- d)Steel Authority of India.
Correct answer is option 'A'. Can you explain this answer?
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Which one of the following is a Statutory corporation?a)Food Corporati...
The Food Corporation of India is a statutory body created and run by the Government of India. It is under the ownership of Ministry of Consumer Affairs, Food and Public Distribution, Government of India formed by the enactment of Food Corporation Act, 1964 by the Parliament of India
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Which one of the following is a Statutory corporation?a)Food Corporati...
Yes , correct ans is A because It is a legal entity.
It is a legal entity for which the government appoints a board of directors to oversee such corporations. The corporation has the authority to engage in contracts and do business in its name.
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It is a legal entity for which the government appoints a board of directors to oversee such corporations. The corporation has the authority to engage in contracts and do business in its name.
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Which one of the following is a Statutory corporation?a)Food Corporation of Indiab)Hindustan Machine tools.c)Chittranjan Locomotive Works.d)Steel Authority of India.Correct answer is option 'A'. Can you explain this answer?
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