Which of the following is an example of Joint-Sector enterprise in India?
Options:
A . The Indian Oil Corporation
B . Maruti Udyog Limited
C . Hindustan Antibiotics Ltd.
D . Bharat Aluminium Ltd.
Answer: Option B Answer: (b) Until recently, 18.28% of the company was owned by the Indian government, and 54.2% by Suzuki of Japan. The BJP-led government held an initial public offering of 25% of the company in June 2003. As of 10 May 2007, the government of India sold its complete share to Indian financial institutions and no longer has any stake in Maruti Udyog.
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