Benefits and Disadvantages of Statutory Corporation
The governmen...
Question
The government appoints advisers to the board of corporation to look over functionality of the statutory corporations.
A
True
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B
False
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Solution
The correct option is A True The government has a practice of appointing advisors to the Corporation Board which curbs the freedom of the Corporation. If there is any disagreement, the matter is referred to the government for final decisions which further delays action.