Question

The public enterprises are agents for implementing Government Plans.

• A. True
• B. False

Answer 1

The correct option is A True

Public enterprises is an industrial, commercial or business activity of a government where a return on investment is expected. These are institution operating service of an economic or social character or behalf of government. Government lays down certain public policies in the public interest and not guided by profit motive in order to govern such companies.

Government plans of employment generation, research and development, regional development, import substitution etc are fulfilled by public enterprises only.