Q163
Which of the following can be served as the best definition of a Government Company?
A.
Where the central government holds 51% or more shares
B.
Where the state government holds 51% or more shares
C.
Where central and state governments together hold more than 51% of shares
D.
Where the central, state & local government hold more than 51% shares putting together
E.
Where central, state or local government holds more than 51% shares or is working as a subsidiary to a government company
AnswerAnswer: Option E
Solution
Answer: Option E
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