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Question
Which of the following is NOT "Public Corporation"?
Which of the following is NOT "Public Corporation"?
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Solution
The correct option is D State Trading Corporation
State Trading Corporation (STC) is an international trading company. It started in 1956 and 90% of its equity is owned by the Government of India. The Company is involved in export, import, and domestic trading. STC undertakes the import and export of a large number of bulk commodities such as edible oils, rice, wheat, sugar, pulses, coal, bullion, etc. It also undertakes the import of mass consumption items like wheat, sugar, pulses, etc. Its corporate office is in New Delhi. It has 13 branch offices spread across the country.Thus the correct answer is D.
State Trading Corporation (STC) is an international trading company. It started in 1956 and 90% of its equity is owned by the Government of India. The Company is involved in export, import, and domestic trading. STC undertakes the import and export of a large number of bulk commodities such as edible oils, rice, wheat, sugar, pulses, coal, bullion, etc. It also undertakes the import of mass consumption items like wheat, sugar, pulses, etc. Its corporate office is in New Delhi. It has 13 branch offices spread across the country.
Thus the correct answer is D.
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