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The oldest and most traditional form of organising a public enterprise is the:
ADepartmental undertaking
BStatutory corporation
CGovernment company
DPrivate partnership
Answer & Solution
Correct answer: A. Departmental undertaking
1. It is an extension of the ministry itself.
2. It is not an independent legal entity.
3. That is the departmental undertaking.
_Source: NCERT Class 11 Business Studies, Chapter 3, Private, Public and Global Enterprises._
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