Understanding PSU Government Shareholding
A Public Sector Undertaking (PSU) is defined by the level of ownership held by government entities. This ownership is specifically measured by the percentage of the company's paid-up share capital.
Determining PSU Status
For an entity to be classified as a PSU, the combined shareholding of:
- The Central Government
- Any State Government
- Or a combination of the Central Government and one or more State Governments
in its paid-up share capital must meet a minimum threshold.
Minimum Ownership Threshold
The required minimum percentage of paid-up share capital held by the government (or governments) is 51% or more.
Therefore, if the government's stake is 51% or greater, the company qualifies as a Public Sector Undertaking.
Similar Questions
- Cargo services are a part of the ______ activities of the service sector.
- Which of the following is a private sector organisation in India?
- Who among the following presented the First Five-Year Plan on July 9, 1951?
- The government tracks the performance of eight core industries to monitor industrial activity. What is the approximate weight of the core industries in the Index of Industrial Production (IIP)?
- Which Indian airline got grounded in April 2019?
- The first five year plan's main emphasis was to improve the condition of agriculture in India. It began in the year _____.
- In which one of the following types of economy are the factors of production owned individually?
- According to the Public Enterprises Survey 2018-19, how many Central Public Sector Enterprises (CPSEs) were in operation in India as on 31$^{st}$ March, 2019?
- Which one among the following is NOT listed under 'Maharatna' companies?
- Which of the following taxes/duties is NOT covered under GST?
Important Questions from Business and Economy
As of December 2019, _______ was the largest crude oil supplier to India.
Which company recently became the 1st Indian company to hit the ₹10 Lakh Crore market valuations?
Merchant discount rate refers to ______
Which of the following states was awarded by the Union Government for being the best state in the fisheries sector amongst hilly and north-eastern states for the year 2019-2020?
Name the company that has acquired an online travel portal Yatra Online Inc., for an enterprise value of $337.8 million, in an all-stock transaction.
