ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC INSTITUTIONS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The following are Government-Owned and Controlled Corporations EXCEPT
A
Development Academy of the Philippines
B
Government Service Insurance System
C
Clark Development Corporation
D
Petron
Explanation: 

Detailed explanation-1: -Government-Owned Corporations Examples of this type of corporation are Amtrak, Corporation for Public Broadcasting, and the United States Postal Service.

Detailed explanation-2: -In the Philippines, a government-owned and controlled corporation (GOCC), sometimes with an “and/or", is a state-owned enterprise that conducts both commercial and non-commercial activity. Examples of the latter would be the Government Service Insurance System (GSIS), a social security system for government employees.

Detailed explanation-3: -NATIONAL GOVERNMENT AGENCIES (NGA) | Senate of the Philippines Legislative Reference Bureau.

Detailed explanation-4: -Bonneville Power Administration. Commodity Credit Corporation (CCC) Corporation for National and Community Service (AmeriCorps) Corporation for Public Broadcasting. Export-Import Bank of the United States. Federal Agricultural Mortgage Corporation. Farm Credit Banks. More items

There is 1 question to complete.