Public, Private and Global Enterprises · Class 11 · CBSE · Commerce Business Studies
Indian Railways is a classic example of which form of public sector enterprise organization?
Practice question from Public, Private and Global Enterprises (Class 11 · CBSE · Commerce Business Studies), with the correct answer and a step-by-step solution.
easy · MCQ · Q-9A6D5C
Indian Railways is a classic example of which form of public sector enterprise organization?
- A.Statutory Corporation
- B.Government Company
- C.Departmental UndertakingCorrect answer
- D.Joint Venture
Solution
Departmental undertakings are the oldest and most traditional form of public enterprises. Indian Railways is managed directly as a department of the Ministry of Railways, Government of India.
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