CHARACTERISTIC OF PUBLIC CORPORATION

  1. A public corporation is a statutory semi-autonomous body set up by a set of parliament 
  2. It is a legal entity; it can sue and be sued. 
  3. It is made up of the Board of Directors who are responsible for policymaking.
  4. It is independently financed.
  5. The employees are not civil servants.
  6. It is not a profit-oriented organization.

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