Which one of the following statements is *not* correct ? “Industrial U

Which one of the following statements is *not* correct ?
“Industrial Undertaking in Public Sector” means an industrial undertaking owned, controlled or managed by

[amp_mcq option1=”a government company as defined in the Companies Act.” option2=”a corporation established by or under a Central Act which is controlled by the Government.” option3=”a company set up by a member or members of the general public.” option4=”a corporation set up by or under a State Act which is controlled by the Government.” correct=”option3″]