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Statewise GK · Q503

Punjab GK

Competitive Exams · Statewise GK · question 503

Q503

Punjab Tourism Development Corporation (PTDC) is a

A.
wholly owned public sector undertaking
Answer
B.
jointly owned public and private sector undertaking
C.
partially owned by a MNC
D.
None of the above

Answer: Option A

Solution

Answer: Option A
Solution:
Punjab Tourism Development Corporation is a wholly owned public sector undertaking of the state government. The tourist complexes owned by the State Government were transferred to the Corporation on 1 April, 1979. At present, the corporation has 18 tourist complexes and 4 holiday homes.