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PSU Full Form
What Is The Full Form Of PSU?
The Full Form Of PSU is Public Sector Undertaking.
Below We Are Going To Explain The Meaning Of PSU,
Find The Meaning Of PSU
What Is The Meaning Of PSU?
The Meaning Of PSU,
Public Sector Undertaking (PSU) introduce to a government company in India, where quite 51% of the equity within the company rests with the govt.
Find The Abbreviation Of Public Sector Undertaking.
What Is The Abbreviation Of Public Sector Undertaking?
The Abbreviation Of Public Sector Undertaking Is PSU.
1) PSU: Public Sector Undertaking
PSU stands for Public Sector Undertaking. The government-owned corporations are known as Public Sector Undertakings (PSUs) in India. PSUs are created by the government to undertake commercial projects under its own banner. These government-owned companies are less concerned about making profits and more focused on nation-building and improving the economy of the country.
The majority of the company equity (51% or more) in PSUs is owned by the central government or the state government or partly by the central government and partly by the state government.
The Comptroller and Auditor General of India (CAG) audits all PSUs. It has the authority to appoint the Auditor and direct him to follow the proper audit process to audit the accounts of the PSU.
Classification of PSUs
- PSUs can be divided into three groups:
Public Sector Enterprises (PSEs)
Central Public Sector Enterprises (CPSEs)
Public Sector Banks (PSBs)
- Some of the popular PSUs of India are listed below:
Coal India Limited
State Bank of India
Food Corporation of India
Indian Oil Corporation Limited
Power Grid Corporation of India
Bharat Heavy Electricals Limited
National Thermal Power Corporation
Bharat Petroleum Corporation Limited
Oil & Natural Gas Corporation Limited
Mahanagar Telephone Nigam Limited
2) PSU: Power Supply Unit
PSU stands for Power Supply Unit. It is a hardware component of a computer that supplies the optimum power to internal components of the computer. It converts the high -voltage alternating current (AC) into a steady low-voltage direct current (DC) which is safe for the internal components of the computer. PSU also regulates the voltage to protect the computer from high voltage fluctuations.
See This Also: What Is The Full Form Of POP? Find Out The Full Form Of POP.
Frequently Asked Questions:
Is PSU a govt job?
PSU jobs aren’t pure government jobs and it’s going to be possible that someday within the future they’re going to be privatized because the government’s thrust is on disinvestment lately. Job stability matters more: Job security is the most vital factor determining the selection of the work.
What are PSU jobs?
A PSU job means working in a company that is either wholly or partly owned by central or a state government. As there are tons of companies which are established by the Indian Governments like BHEL, SAIL, ONGC and lots of others, the amount of jobs available in these companies is also high.
How many PSU are in India?
277 Central Public Sector Undertakings
Is SBI a PSU?
SBI may be a Public Sector Undertaking bank and not a nationalized bank.
What is PSU salary?
jobs, Dearness Allowance, CPF Allowance, Pension schemes, Medical benefits & more other benefits. PSUs also offer good salary structure and CTC range from 5 lakhs to 14 lakhs at an initial level of selection
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