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Question

Who defined public enterprise as "state ownership and operation of industrial, agricultural, financial and commercial undertakings"?

A
N. N. Malaya
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B
I. V. Starke
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C
A. H. Hanson
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D
O. L. Rehan
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Solution

The correct option is C A. H. Hanson
Hanson, “Public enterprises means state ownership and operation of industrial, agricultural, financial and commercial undertakings.” In short, public enterprise is an activity of the government, central, state or local, involving manufacturing or production of goods.

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