Concept:Government financial grants are funds given by the government to support public enterprises.
Explanation:A public corporation is a government-owned enterprise created by a special Act of Parliament or State Legislature.
It is set up to provide public services using government and taxpayer money.
Since the government fully or largely owns it, such a corporation receives financial grants directly from the government as a major source of capital.
In contrast, partnerships, public limited companies, and co-operative societies raise capital mainly from private owners, shareholders, or members.
Answer:C. public corporation