Tag: classification of commercial organisations
Questions Related to classification of commercial organisations
The funds earned are a direct income for the government.
Departmental undertakings are subject to accounting and audit that apply to other government activities.
The departmental head can take decisions without the permission of the ministry.
These organizations usually do not provide adequate services to fulfill consumer needs.
Departmental undertakings is a part of the private sector group of companies.
Which form of organization is primarily used for provision of essential services such as railways, postal services, broadcasting etc.?
The public corporation is suitable for undertakings requiring monopoly powers, e.g., public utilities.
Which of the following can be categorized as "Departmental Undertakings"?
(1) Unit Trust of India
(2) Indian Railways
(3) Bharat Electronics Limited
(4) Posts and telegraph
(5) Food Corporation of India
The correct answer is ________________.
The company which is incorporated outside India but has a place of business in India through its branches or agencies is known as _______.
The liability of the member of the company is limited to the extent of the ________ of the shares held by them.
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