MP Board · Class 11 · Business Studies · Private, Public and Global EnterprisesIndian Railways is an example of which type of public sector enterprise?
Step-by-Step Solution
Indian Railways is managed and financed directly by the government as a ministry department, making it a classic example of a departmental undertaking.
Detailed Options Breakdown
Option : Departmental Undertaking (Correct Answer)
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Option 1: Statutory Corporation
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Private, Public and Global Enterprises.
Option 2: Government Company
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Private, Public and Global Enterprises.
Option 3: Joint Venture
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Private, Public and Global Enterprises.
💡 Study Guide: This question tests core syllabus concepts from Private, Public and Global Enterprises. For formulas, key summaries, and mock exam reference guides, read the full Private, Public and Global Enterprises Revision Notes.