The public corporation is suitable for undertakings requiring monopoly powers, eg public utilities.

True

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False

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Partly true

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None of above

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Solution

The correct option is A True
The term public sector undertaking enterprise refers to a Government Company. The government company gets incorporated under the companies act, 1956. All the provisions of companies act are applicable to a government company. Ownership: The government company is wholly or partly owned by the government.

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