1.

Explain the organs of public sector.

Answer»

1. Administration by a Government Department:

  • It is very common almost in all countries.
  • Example: Post and Telegraph, Railways, Port Trust, Irrigation Projects on India etc.,

2. The Joint sector companies:

  • It is governed by a company law and controlled by the Government as principal major share holders.
  • Example – Indian Oil Personas pvt ltd, Indian Oil Sky tanking Limited. Ratting Gas and Power Private Limited Indian Synthetic Rubber Limited.

3. Public Corporation:

  • This type of organization is the establishment of public corporation by the state of the parliament of legislature.
  • Example – LIC, Air India, The Reserve bank of India, Electricity Board.


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