PRC-3 · Chapter 2 · Question 43 of 61
The Water and Power Development Authority (WAPDA) is owned by the government and supplies electricity to citizens. It does not issue shares to private investors. How is WAPDA classified?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) Public sector organization
Explanation
Entities like WAPDA that are owned, funded, and controlled by the state to provide public services are classified as public sector organizations.
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