Multiple choice

Public Sector comprises enterprises where the state owns�

  1. 75 % of the capital

  2. 51 % of the capital

  3. 85 % of the capital

  4. 100 % of the capital

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

In standard classifications of public sector undertakings, a government enterprise or company becomes a government company or public sector enterprise when the state or central/state government owns at least 51 percent of its paid-up share capital, giving it majority control.