Benefits and Disadvantages of a Government Company
Select the pr...
Question
Select the proper option from the options given below and rewrite the sentences.
Public enterprises are financed by ________.
(a) Government
(b) Private businessman
(c) Political leaders
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Solution
Public enterprises are financed by government.
Explanation:
Public enterprises are financed by the government through budget, subscription or investment. They cannot borrow directly from outside.
The correct option is A.