Question

Public Enterprise is defined as __________.

• A. an organisation run by joint efforts of Central and State Governments
• B. an organisation which caters to the needs relating to public Utilities
• C. an organisation in which capital is invested by public
• D. an organisation owned and managed by public authorities for definite set of public purposes

Answer 1

The correct option is D an organisation owned and managed by public authorities for definite set of public purposes

Public enterprise, a business organization wholly or partly owned by the state and controlled through a public authority. These are set for public enterprises, and hence, are accountable to the public.

Hence, D is the correct option.