The funding of which of the following enterprise comes directly from the government treasury, is under an annual appropriation from the budget of the government and the revenue earned by it is also paid into the treasury?
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Departmental undertaking
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Statutory corporation
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Government company
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Cooperatives
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Public limited company
A
Correct answer
Explanation
This is the correct answer. The funding for a departmental undertaking comes directly from the government treasury, is under an annual appropriation from the budget of the government and the revenue earned by it is also paid into the treasury.