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Employees of a statutory corporation are governed by:
AThe rules for civil servants
BThe Companies Act alone
CThe state police manual
DThe provisions of its Act
Answer & Solution
Correct answer: D. The provisions of its Act
1. They are not government servants.
2. Some officers may come on deputation.
3. Service conditions follow the Act itself.
_Source: NCERT Class 11 Business Studies, Chapter 3, Private, Public and Global Enterprises._
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