A government company is any company in which the paid up capital held by the government is not less than:

Correct option is A

A government company in India is defined as any company in which the paid-up capital held by the government (central or state) is not less than 51 percent. This definition is provided under the Companies Act, 2013.
Important Key Points:
1. Government Ownership: Minimum of 51 percent government-held capital.
2. Public Sector Enterprises: Includes various central and state enterprises.
3. Regulatory Framework: Governed by the Companies Act, 2013.
4. Economic Role: Significant role in sectors like defense, energy, and transportation.
5. Accountability: Subject to government audits and parliamentary oversight.
6. Performance: Performance impacts the public sector and the economy.
7. Privatization Trends: Some government companies are being privatized as part of economic reforms.
Information Booster:
 50 Percent: Incorrect as the threshold is 51 percent.
 25 Percent: Incorrect, a lower threshold for significant but not majority control.
 49 Percent: Incorrect, just below the majority ownership required.
 51 Percent: Correct threshold for defining a government company.