The correct answer is: A. Government Company
A government company is a company in which the Central Government or a State Government holds more than 50% of the paid-up share capital. It is a type of public enterprise.
Public enterprises are enterprises that are owned, managed, and controlled by the government. They are established to provide essential goods and services to the public, to promote economic development, and to regulate the economy.
Joint stock companies are companies that are owned by shareholders. The shareholders own shares in the company, which represent a portion of the company’s ownership. Joint stock companies are regulated by the Companies Act, 2013.
Private enterprises are enterprises that are owned and controlled by private individuals or groups of individuals. They are established to make a profit and to provide goods and services to the public.