Which of the following is true of a Public Corporation it is?
-
A.
established by a bye-law -
B.
owned by the minister of finance -
C.
set up to make profit for share holders -
D.
set up to provide essential services
Correct Answer: Option D
Explanation
“Public corporation” means an entity that is created by the state to carry out public missions and services by providing essential services that is not profit oriented.