Government financial grants is a source of capital to a
-
A.
partnership -
B.
public limited company -
C.
public corporation -
D.
co-operative society
Correct Answer: Option C
Explanation
A public corporation is that form of public enterprise which is created as an autonomous unit, by a special Act of the Parliament or the State Legislature. They are created by the state to carry out public missions and services and funded by government and tax payer monies