According to N.N. Malaya, "________ are autonomous or semi - autonomous corporation and companies established, owned and controlled by the state and engaged in industrial and commercial undertakings."

Private enterprises

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Public enterprises

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Semi private enterprises

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None of above

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Solution

The correct option is C Public enterprises
According to N.N. Malaya, "public enterprises" are autonomous or semi - autonomous corporation and companies established, owned and controlled by the state and engaged in industrial and commercial undertakings." Public enterprise can be defined as a business organization wholly or partly owned by the state and controlled through a public authority.

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