Private, Public and Global Enterprises

This is a core sector where the government invested through public sector enterprises.

This is the correct answer. Statutory corporations come into existence by a special act of the parliament.

This is the correct answer because departmental undertaking, statutory corporation and government companies are all forms of public enterprise.

This is the correct answer. The funding for a departmental undertaking comes directly from the government treasury, is under an annual appropriation from the budget of the government and the revenue earned by it is also paid into the treasury.

This is the correct answer. The paid up capital by the government is not less than 51 percent.

This is correct. The shares of a Government Company are purchased in the name of the President of India.

This is the correct answer. These are public corporations brought into existence by a Special Act of Parliament. It is a corporate body created by legislature and is a corporate person. Thus, these have the power of the Government and the considerable amount of operating flexibility of private enterprises.

This was the first successful privatisation of a Central Public Sector Undertaking, carried out by the Government. Lagan Jute Machinery Company was a Calcutta based company that was in decline, In the initial stages of disinvestment LJMC was approved for privatisation through sale of 74 % stake to a strategic partner.

This the correct option because atomic energy, arms and railways are exclusive to the public sector only.

This is the correct option the Board of Industrial and Financial Reconstruction decides, whether a sick unit is to be restructured or closed down.

This is the correct option. These are the true statements regarding recent Government Policy measures towards the public sector.

This is the correct answer, as all these factors are important roles played by the public sector in the development of the nation.

Multi National Corporations are global enterprises that undertake expansion of market territories extending beyond the physical boundaries of their own country. They operate through a network of subsidiaries, branches and affiliates in their host countries.

This is the correct answer. Reserve Bank of India gives approval if the joint venture is covered under the automatic route. Foreign Investment Promotion Board has to approve a joint venture specially, if it is not covered under the automatic route and it is a special case.

This is the correct answer. When two parties enter a joint venture one of the parties benefits from the other's goodwill, which has already been established in the market. With an established brand name there is a ready market waiting for the product to be launched. A lot of investment is saved in the process.

This is the correct answer as both these statements are correct.

This is the correct answer. India is a mixed economy.