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what is public ltd company and difference between public
ltd company and public sector undertaking?
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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 ? | 76 Yes | 16 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:
ONGC Ltd.
There are about 237 PSUs all over India.
Whereas PLC is privately owned.
| Is This Answer Correct ? | 66 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 |
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 ? | 14 Yes | 10 No |
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hdn Systems Pvt. Ltd., manufactures a consumer durable which passes through two processes M and N. From the following details prepare necessary process ledger accounts bringing out clearly the cost of the product at each stage. Process ‘M’ Process ‘N’ Materials (Rs.) 30,000 3,000 Labour (Rs.) 10,000 12,000 Overheads (Rs.) 7,000 8,600 Input (units) 20,000 17,500 Normal loss 10% 4% Scrap value of loss (per unit) Re. 1.00 Rs. 2.00 There is no opening or closing W-I-P or stock at processes. Final output from the process ‘N’ was 17,000 units
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