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Which of the following is true of a Public Corporation it is?

Which of the following is true of a Public Corporation it is?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • 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.

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