State any two utilities of government company

1.	State any two utilities of government company
Answer» ong>Answer: A government company is a company in which the Government or State Government holds 51% or more of the paid-up capital. Government Company, also called Public Enterprise, State Enterprise. It works as other companies registered under the Companies Act. Government is important to the company because: The government can change the way businesses work and influence the ECONOMY either by passing laws, or by CHANGING its own spending or taxes. For EXAMPLE: extra government spending or LOWER taxes can result in more demand in the economy and lead to higher output and employment.

Answer»

ong>Answer:

A government company is a company in which the Government or State Government holds 51% or more of the paid-up capital. Government Company, also called Public Enterprise, State Enterprise. It works as other companies registered under the Companies Act.

Government is important to the company because:

The government can change the way businesses work and influence the ECONOMY either by passing laws, or by CHANGING its own spending or taxes. For EXAMPLE: extra government spending or LOWER taxes can result in more demand in the economy and lead to higher output and employment.

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