Multiple choice

The acronym PSU stands for:

  1. Public Sector Undertaking

  2. Public Service

  3. Public Sector

  4. Public Sector Union
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A Correct answer
Explanation

PSU stands for Public Sector Undertaking - government-owned corporations in India where the majority stake (51% or more) is held by the central or state government. Examples include ONGC, NTPC, and BHEL. 'Public Service Union' and 'Public Sector' alone are incomplete expansions.

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