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Next CSE-PPT: 14 March 2027

Under Article XII, Section 16, government-owned or controlled corporations may be created or established by special charters:

Correct answer: D. In the interest of the common good and subject to the test of economic viability

Section 16 forbids Congress, except by general law, from providing for the formation or regulation of private corporations. GOCCs may be created by special charters in the interest of the common good and subject to the test of economic viability.

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Answer and explanation

The correct answer is D. In the interest of the common good and subject to the test of economic viability

Section 16 forbids Congress, except by general law, from providing for the formation or regulation of private corporations. GOCCs may be created by special charters in the interest of the common good and subject to the test of economic viability.

Topic: National Economy and Patrimony (Article XII) MCQs · Subject: General Information