No products in the cart.

Give relative advantage of statutory corporation …

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

Give relative advantage of statutory corporation over departmental undertaking in respect of efficiency, organisation and control
  • 1 answers

Nomissh Gautam 3 years, 9 months ago

Some relative advantages of public corporations over departmental organisation are (i) Funds The funds of public corporations do not come from the central budget. Thus, file government generally does not interfere in their financial matters, including their income and receipts. Whereas in departmental undertaking, the revenue earned by the enterprise goes directly to the government treasury and government have full control over financial matters of the enterprise. (ii) Operations Public corporations enjoy independence in their functioning and a high degree of operational flexibility. Whereas in departmental undertakings, Parliament exercise full control on operations. (iii) Control A public corporation is an autonomous body, enjoys flexibility. Whereas in departmental undertakings, there is excessive centralisation or control.
http://mycbseguide.com/examin8/

Related Questions

What's the business
  • 0 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Download myCBSEguide App