alleryUnder Section 2(45), a 'Government company' is one in which not less than ___ of the paid-up share capital is held by the Government.
A74%
B100%
C51%
D26%
Answer & Solution
Correct answer: C. 51%
A Government company is one in which at least 51% of the paid-up share capital is held by the Central and/or State Government(s).
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