Tag: departmental undertakings

Questions Related to departmental undertakings

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

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

  1. $0$

  2. unlimited

  3. $50$

  4. $200$

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Correct Option: B
Explanation:

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

Who is the Chairman of Bajaj Auto?

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

  1. Sanjiv Bajaj

  2. Rajiv Bajaj

  3. Jamnalal Bajaj

  4. Rahul Bajaj

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Correct Option: D
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.

Larsen & Toubro Ltd. was founded by _______.

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

  1. Indians

  2. Americans

  3. Danish

  4. Europeans

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Correct Option: C
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.

ITC was originally named as _______.

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

  1. Imperial Tobacco company

  2. Indian Tobacco company

  3. Indian Tea company

  4. None of the above

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Correct Option: A
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.

Private limited company may appoint ________ number of directors.

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

  1. 12

  2. 3

  3. 18

  4. 15

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Correct Option: D
Explanation:

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

These departments are under the direct supervision and control of the ministry.

organisation of commerce and management government organisation departmental undertakings meaning and features of departmental undertaking forms, comparison and cases of public enterprises classification of commercial organisations

  1. True

  2. False

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Correct Option: A

Which of the following can be categorized as "Departmental Undertakings"?
(1)  Unit Trust of India 
(2)  Bharat Electronics Limited 
(3)  Posts and telegraph 
(4)  Posts and telegraph 
(5)  Food Corporation of India 
  The correct answer is - 

organisation of commerce and management government organisation departmental undertakings meaning and features of departmental undertaking forms, comparison and cases of public enterprises classification of commercial organisations

  1. (1), (2) & (4)

  2. (1), (3) & (5)

  3. (3) & (5)

  4. (2) & (4)

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Correct Option: D
Explanation:

Departmental undertakings are established as departments of the ministry and are considered part or an extension of the ministry itself. 


These undertakings may be under the central or state government and the rules of central/ state government are applicable.

The public corporation is suitable for undertakings requiring monopoly powers, eg public utilities.

organisation of commerce and management government organisation departmental undertakings meaning and features of departmental undertaking forms, comparison and cases of public enterprises classification of commercial organisations

  1. True

  2. False

  3. Partly true

  4. None of above

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Correct Option: A
Explanation:
The term public sector undertaking enterprise refers to a Government Company. The government company gets incorporated under the companies act, 1956. All the provisions of companies act are applicable to a government company. Ownership: The government company is wholly or partly owned by the government.

No actions can be taken unless it goes through proper channel of authority.

commercial applications government organisation departmental undertakings meaning and features of departmental undertaking forms, comparison and cases of public enterprises classification of commercial organisations

  1. True

  2. False

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Correct Option: A

Departmental undertakings fail to provide flexibility for smooth functioning of operations of the business.

organisation of commerce and management government organisation departmental undertakings meaning and features of departmental undertaking forms, comparison and cases of public enterprises classification of commercial organisations

  1. True

  2. False

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Correct Option: A