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Shares of a government company are purchased in the name of the:
APrime Minister
BFinance Secretary
CReserve Bank
DPresident of India
Answer & Solution
Correct answer: D. President of India
1. Government is the major shareholder.
2. It controls the management.
3. Shares stand in the President's name.
_Source: NCERT Class 11 Business Studies, Chapter 3, Private, Public and Global Enterprises._
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