what is public ltd company and difference between public
ltd company and public sector undertaking?

Answers were Sorted based on User's Feedback

Answer / raju

Public LTD.Company is a privately owned and all shares are
open to market and they can take self decision on products.
A public sector company is one which have more than 50%
shares with government and remaining open to public. These
sectors have indirect cotrol by govt. of india.

Is This Answer Correct ?    68 Yes 15 No

Answer / ankit agarwal

A Public Sector Undertaking is a corporation in the public
sector in India, where management control of the company
rests with the Government, it can be Central Government or
the State Governments. Below given is a partial list of
Public Sector Undertakings of the Government of India:

There are about 237 PSUs all over India.
Whereas PLC is privately owned.

Is This Answer Correct ?    65 Yes 26 No

Answer / r. sundari

Central or State Government set up pulic sector undertaking
for helping the public. Individual shares and capital not
involved in Public Sector. Public Ltd. is profit motivated
and its organised by one or many individual shares or
capital involved in this.

Is This Answer Correct ?    17 Yes 4 No

Answer / siva raj

A public limited company is a privately owned. Where as a
public sector undertaking (PSU) is completely managed and
controlled by central or state government.

Is This Answer Correct ?    42 Yes 35 No

Answer / mahipal reddy

Public ltd co: liability of share holders are limited

Public ltd co owened by general people (share holders)

Public sector undertaking (psu) owned and controlled by
central or state governament

Is This Answer Correct ?    13 Yes 10 No

Answer / anup

What experience do you have with general ledger

Is This Answer Correct ?    3 Yes 3 No

Post New Answer

More Accounting AllOther Interview Questions

Hi friends, Could you please suggest the best institute for SAP CO near ameerpet?

1 Answers  

Tell me something about you

3 Answers  

Is WCT liable to be deducted in Whole of Invoice Value? (including VAT & Service Tax)

3 Answers  

define p&l approprate

2 Answers   Genpact,


6 Answers  

Cheque is a----------negotiable instrument

2 Answers  

what is the salary of accounts assistant ( Fresher ) in lokmanya multipurpose co-operative  society ltd ?

0 Answers  

Invoice for Rs 492650/- is inclusive of 14.5% VAT. Pl calculate Basic Rate for the material.

3 Answers  

What are Mortgage Payment Problems?

0 Answers  

Expand C M I

1 Answers  

state wheather the following statements are true or false i, the issue of shares ata discount must be authorized by a special resolution of company. ii, operating or finance lease comes under provision of as- 13 iii, at the end of the accounting period the balance of "goods sent to branch account" is transfered to trading acount iv, for life business premium is to be recognized on receipt basis v, a banking cannot grant any loans on securities of its own shares

2 Answers  

what is Contra Asset?

5 Answers   RR Donnelley, RRDonnelley,