Question

Below mentioned are the features of a public enterprise except __________.

• A. its primary objective is to serve Government departments
• B. they are not accountable to public
• C. in some specific areas, they have monopoly.
• D. both a. and b,

Answer 1

Answer: (D)

both a. and b,

Characteristics of public sector entities are-

• Public accountability.
• Multiple objectives.
• Rights, powers and responsibilities
• Lack of equity ownership.
• Operating and financial frameworks set by legislation.
• The importance of the budget.
• Governance structures.
• Nature of resources