Question

Which of the following is public enterprise?
$1$. Hindustan Machine Tools (HMT)
$2$. Gas Authority of India (GAIL)

• A. $2$ only
• B. $1$ only
• C. Both $1$ & $2$
• D. Neither $1$ nor $2$

Answer 1

The correct option is C Both $1$ & $2$

The government owned enterprises is called a public enterprise. It refers to any industrial or commercial undertaking which is owned and managed by central, state or local government and of which is the output is marketed. The examples are Hindustan Machine Tools (HMT), Gas Authority of India (GAIL).