public company
private company
government company
one person company
Answer is Right!
Answer is Wrong!
The answer is: C. government company
A government company is a company in which the government has a controlling interest. This means that the government owns more than 50% of
the company’s shares. Government companies are typically formed to provide essential services or to promote economic development.A subsidiary is a company that is controlled by another company. The controlling company is known as the parent company. Subsidiaries are often formed to allow the parent company to expand into new markets or to enter into new lines of business.
In the case of XYZ company, which is a government company, and X company, which is a subsidiary of XYZ company, X company is also a government company. This is because the government owns more than 50% of X company’s shares.
The other options are incorrect because:
- A public company is a company that is listed on a stock exchange and whose shares are available to the public.
- A private company is a company that is not listed on a stock exchange and whose shares are not available to the public.
- A one-person company is a company that is owned by one person.