A special feature of a Government company is _____________.

special provision for their audit

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

it is a company of government

No worries! We‘ve got your back. Try BYJU‘S free classes today!

an association not for profit

No worries! We‘ve got your back. Try BYJU‘S free classes today!

none of the above.

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C special provision for their audit
Government companies are exempted from the accounting and audit rules and procedures. The Comptroller and Auditor General of India shall appoint an auditor within a period of one hundred and eighty days from commencement of financial year to hold office till conclusion of the annual general meeting. The annual report is to be presented in the parliament or the state legislature.

Suggest Corrections

Similar questions

Q. Short Answer Type Questions: Explain the features of a government company.

Q. A company is a government company and X Company is a subsidiary of A company then X Company will be a _____________.

Q. Which of the following is not a feature of a Multinational Company?

Q. A special feature of a private company is that it can start its business immediately after the issue of ___________.

The goods of a textile company are being moved from one state to another. The company is being charged a fee by the central government for the same. This fee is a part of ___ budget for the government.

Join BYJU'S Learning Program