Question

Select the proper option from the options given below and rewrite the sentences.

Atleast ________ of the capital of Government company is held by the Government.

(a) 51%
(b) 71%
(c) 95%

Answer 1

Atleast 51% of the capital of Government company is held by the government.

Explanation:
For an enterprise to be a government enterprise, the government should have at least 51% of capital, that is, majority of the capital should be held by the government. If the percentage of shares held by the government falls below 51, the organisation cannot be regarded as a government company.
The correct option is A.