Home › Quizzes › Private, Public and Global Enterprises

Private, Public and Global Enterprises

Private, Public and Global Enterprises

18 Questions Published
Play Quiz Practise this topic out loud

Questions

Question 1 Multiple Choice (Single Answer)

Which of the following are a public sector enterprise?
a. A departmental undertaking
b. A statutory corporation
c. A government company
d. A joint stock company

 

  1. a, b, c and d
  2. a and b
  3. a, c and d
  4. a, b and c
Question 2 Multiple Choice (Single Answer)

Which of the following statements is/are correct about the departmental undertakings?

a. These enterprises are under government control.
b. These enterprises are separate legal entities.
c. The funding of these enterprises comes directly from the budget of the government.

  1. Only a
  2. Only b
  3. Only c
  4. Both a and c
Question 3 Multiple Choice (Single Answer)

Which of the following enterprise(s) utilise the earned revenue as a source of income for the government, as it goes directly to the government treasury?

a. A departmental undertaking.
b. A statutory corporation.
c. A government company.

  1. Only a
  2. Only b
  3. Only c
  4. Both a and c
Question 4 Multiple Choice (Single Answer)

Which of the following statements is correct about departmental undertakings?

  1. The departmental undertakings facilitate the parliament to exercise an effective control over their operations.
  2. The departmental undertakings are established under a special act of the parliament.
  3. The departmental undertakings are independently financed.
  4. The departmental undertakings are managed by a board of directors who are nominated by the government.
Question 5 Multiple Choice (Single Answer)

Which of the following types of enterprises are set up under a Special Act of the Parliament or of the State Legislature?

  1. The departmental undertakings
  2. The statutory corporations
  3. The Government Companies
  4. A joint venture
Question 6 Multiple Choice (Single Answer)

Which of the following is a departmental undertaking?

  1. RBI
  2. SAIL
  3. Air India
  4. Railways
Question 7 Multiple Choice (Single Answer)

Which of the following statements is/are incorrect about the statutory corporations?

a. They are wholly owned by the state.
b. They are not subject to the same accounting and audit procedures applicable to the government departments.
c. They are wholly financed by the government out of funds allocated by the government.

  1. Only a
  2. Only b
  3. Only c
  4. Both a and b
Question 8 Multiple Choice (Single Answer)

Which of the following statements are incorrect?

  1. A statutory corporation is a separate legal entity.
  2. A statutory corporation is managed by the government officials.
  3. The employees are appointed under the contract of service.
  4. A statutory corporation is accountable to the parliament.
Question 9 Multiple Choice (Single Answer)

Which of the following statements is/are a feature of a government company?

a. It is registered under the Companies Act, 1956.
b. It is managed by a government ministry.
c. It is financed by the funds allocated in the budget.

  1. Only a
  2. Only b
  3. Only c
  4. Both a and c
Question 10 Multiple Choice (Single Answer)

The public sector was given a dominant role after the independence. Which of the following statements about the role of public sector in the Indian economy is/are correct ?

a. Only eight industries are reserved for the public sector since 2001.
b. Disinvestment of the public sector companies was done by bringing down the government equity in all the non strategic PSU's.
c. National Renewal Fund was set up for the reconstruction of the sick PSU's.

  1. Only a
  2. Only b
  3. Only c
  4. Both a and c
Question 11 Multiple Choice (Single Answer)

Which of the following were referred under the Government's Memorandum of Understanding the public sector units?

  1. It referred to the Board of Industrial and Financial Reconstruction.
  2. The process of Disinvestment to the private sector.
  3. Clear targets to PSU's and their operational autonomy.
  4. All of the above
Question 12 Multiple Choice (Single Answer)

The main function of BIFR is

  1. to grant operational autonomy to the public sector units.
  2. to retrain or redeploy the retrenched labour.
  3. to disinvest the PSU's to the private sector.
  4. to rehabilitate or wind up the sick units.
Question 13 Multiple Choice (Single Answer)

In which of the following forms of the public sector enterprises can the private individuals also become shareholders?

a. A government company.
b. A statutory corporation.
c. A departmental undertaking.

  1. Only a
  2. Only b
  3. Only c
  4. Both a and b
Question 14 Multiple Choice (Single Answer)

Which of the following statements is/are incorrect about MNC(s)?

  1. The MNCs extend their industrial and marketing operations through a network of their branches in several countries.
  2. Their branches are also called a MOFA.
  3. The branches work within the broad policy framework of the parent company.
  4. The statements in the options 2 and 3 are incorrect.
Question 15 Multiple Choice (Single Answer)

A joint venture company can be formed

a. by the transfer of a business to a new company by one party and the transfer of cash by the other.
b. by both the parties subscribing to the shares in cash to an agreed ratio.
c. when the promoter shareholder of an existing company collaborates with the other party through a cash payment for shares.
d. when two parties share the business resources with each other.

  1. Both a and b
  2. Only a, b and c
  3. Only a, c and d
  4. Only a, b and d
Question 16 Multiple Choice (Single Answer)

Which of the following is/are correct about the joint ventures?

a. A joint venture is based on a MoU and should be signed by both the parties.
b. Only the Foreign Investment Promotion Board (FIPB) can give approval for a joint venture in case of a foreign partner.
c. Special parliamentary approval is taken for the joint venture companies incorporated in India.

  1. Only a
  2. Only b
  3. Only c
  4. Both a and c
Question 17 Multiple Choice (Single Answer)

Which of the following is/are correct about a PPP?

a. It is a legally binding contract between the government and the private firm.
b. It is undertaken for the provision of the public assets.
c. The service is provided either by the government to the private firm or from the private firm to the public.

  1. Only a
  2. Only b
  3. Only c
  4. Both a and b
← Back to Quizzes