A government company is any company in which the paid up capital held by the government is not less ...........

Business Studies(11th) Chapter-3 Private, public and Global Enterprises

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A government company is any company in which the paid up capital held by the government is not less than

49 per cent

51 per cent

50 per cent

25 per cent

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Explanation:

ccording to the Indian Companies Act. 1956, a government company means any company in which not less than 51 per cent of the paid up capital is held by the Central Government, or by any State Government or partly by Central Government and partly by one or more State Governments.