Tag: private and public sector

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Questions Related to private and public sector

Multiple choice commercial studies classification of commercial organisations public, private and joint sector private and public sector sectoral organisation of business departmental undertakings meaning and features of departmental undertaking

Maximum number of members in case of a public company is ____________.

  1. $0$

  2. unlimited
  3. $50$
  4. $200$
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

There is no limit on maximum numbers of members in case of public companies (in India).

Multiple choice commercial studies classification of commercial organisations public, private and joint sector private and public sector sectoral organisation of business departmental undertakings meaning and features of departmental undertaking

Who is the Chairman of Bajaj Auto?

  1. Sanjiv Bajaj

  2. Rajiv Bajaj

  3. Jamnalal Bajaj

  4. Rahul Bajaj
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Rahul Bajaj is an Indian billionaire businessman, politician and philanthropist. He is the chairman of Indian conglomerate Bajaj Group and member of parliament. Bajaj comes from the business house started by a Rajasthani Marwadi businessman Jamnalal Bajaj.

Multiple choice commercial studies classification of commercial organisations public, private and joint sector private and public sector sectoral organisation of business departmental undertakings meaning and features of departmental undertaking

Larsen & Toubro Ltd. was founded by _______.

  1. Indians

  2. Americans

  3. Danish

  4. Europeans
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Larsen & Toubro Limited, commonly known as L&T, is one of the largest Indian multi-national firms and leading construction company in India headquartered in Mumbai, Maharashtra, India. It was founded by two Danish engineers taking refuge in India.

Multiple choice commercial studies classification of commercial organisations public, private and joint sector private and public sector sectoral organisation of business departmental undertakings meaning and features of departmental undertaking

ITC was originally named as _______.

  1. Imperial Tobacco company

  2. Indian Tobacco company

  3. Indian Tea company

  4. None of the above
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

ITC Limited is an Indian company headquartered in Kolkata, West Bengal. Its five diversified businesses are Fast-Moving Consumer Goods, Hotels, Paperboards & Specialty Papers, Packaging, Agri-Business and Information Technology.

Multiple choice commercial studies classification of commercial organisations public, private and joint sector private and public sector sectoral organisation of business departmental undertakings meaning and features of departmental undertaking

Private limited company may appoint ________ number of directors.

  1. 12

  2. 3

  3. 18

  4. 15
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

According to section 149(1) of companies act 2013, a private company can appoint minimum 2 directors and maximum 15 directors.