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Business Studies

Government Company and Its Features

Name the comp...

Question

Name the company in which at least 51% shares are kept by government.

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Solution

Government Company is the company which keeps at least 51% by them.

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Q. The shares of the government company is purchased in the name of ___________.

Q. Company can be called government company if _________% of paid up share capital is held by government company.

Q. _________ refers to the company in which

51 %

or more of the paid up capital is held by the government.

A government company is any company in which the paid-up capital held by the government is not less than

(a) 49 percent

(b) 51 percent

(c) 50 percent

(d) 25 percent

Q. If the Central or State Government hold more than 51% share capital in any company then it can be termed as ____________.

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Government Company and Its Features

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