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A government company is established under which law?
AThe Societies Act
BThe Companies Act
CA Special Act only
DThe Partnership Act
Answer & Solution
Correct answer: B. The Companies Act
1. No separate Act of Parliament is needed.
2. It is registered like other companies.
3. It comes under the Companies Act.
_Source: NCERT Class 11 Business Studies, Chapter 3, Private, Public and Global Enterprises._
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