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      Question

      Government Company is defined

      under:Β 
      A Section 2(44) Correct Answer Incorrect Answer
      B Section 2(45) Correct Answer Incorrect Answer
      C Section 2(46) Correct Answer Incorrect Answer
      D Section 2(48) Correct Answer Incorrect Answer
      E Section 2(49) Correct Answer Incorrect Answer

      Solution

      Section 2(45) defines a "Government company" as any company in which not less than 51% of the paid-up share capital is held by the Central Government, or any State Government(s), or partly by both.

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