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    Question

    Government Company is defined

    under: 
    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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