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A.
It is managed by a board of directors
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B.
It is established by an act of parliament
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C.
A huge capital is needed for its establishment
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D.
It is financed mainly by private individuals
Correct Answer: Option D
Explanation
- Government Owned and financed.
- Government Controlled and Managed.
- Separate Legal Entity.
- Perpetual Succession.
- Autonomy.
- Service Motive.
- Public Accountability.
- Business Motive.
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