CBSE Class 11 Business Studies Public Private and Global Organizations MCQs Set 01

Question: The oldest form of organization of public enterprises

a) Departmental Undertaking

b) Statutory Corporation.

c) Government Company

d) Multinational Company.

Answer: Departmental Undertaking

Question: Steel Authority Of India Limited is a public enterprise. Identify this form of public enterprises

a) Government Company

b) Statutory Corporation.

c) Departmental Undertaking

d) Multinational Company.

Answer: Government Company

Question: Mergers and Monopolistic Activities is a disadvantage of which form of business enterprise?

a) Joint Ventures

b) Statutory corporation

c) Departmental undertakings.

d) Government companies.

Answer: Joint Ventures

Question: Reserve bank of India has been set up as which type of public enterprise?

a) Statutory corporation

b) MNC

c) Departmental undertakings.

d) Government companies

Answer: Statutory corporation

Question: A government company is any company in which paid up capital; held by government is not less than

a) 0.51

b) 0.5

c) 0.49

d) 0.48

Answer: 0.51

Question: Centralised control in MNC implies control is exercised by

a) Head quarters

b) Branches

c) Subsidiaries

d) Parliament.

Answer: Head quarters

Question: A company whose ownership and control vested in holding company is known as

a) MNC

b) Departmental undertakings.

c) Statutory corporation

d) Statutory corporation

Answer: MNC

Question: Disinvestment in PSEs implies

a) Sale of equity shares to public

b) Investment in new areas

c) Closing down public sector

d) Buying shares of PSEs

Answer: Sale of equity shares to public

Question: Which one of the following is an example of PPP?

a) Delhi Metro Railway Corporation

b) Maruti Suzuki

c) Hero Honda

d) Tata Sky

Answer: Delhi Metro Railway Corporation

Question: When two business enterprises agree to join together for a common objective and mutual gain, it gives rise to

a) Joint ventures.

b) Partnership

c) Company

d) MNC

Answer: Joint ventures.

Question: Which one of the following is the disadvantage of MNCs?

a) Disregard national Priorities.

b) Bringing foreign exchange.

c) Improved standard of living.

d) Bringing Advanced Technology.

Answer: Disregard national Priorities.

Question: Which one of the following is a transnational Enterprise?

a) Coca-Cola, Nestle

b) Coca - Cola

c) Nestle

d) Neither a nor b.

Answer: Coca-Cola, Nestle

Question: Which of the following industry is NOT reserved for public sector undertakings?

a) Sugar industry

b) Atomic industry

c) Arms

d) Railway industry.

Answer: Sugar industry

Question: Reconstruction of sick public sector units is taken by

a) BIFR ( Board of Industrial and Financial reconstruction

b) MOU ( Memorandum of Understanding)

c) FERA ( Foreign Exchange Regulation Act)

d) IDBI ( Industrial Development bank of Indi

Answer: BIFR ( Board of Industrial and Financial reconstruction

Question: Which one of the following DONOT justify the objective of establishing public sector enterprises?

a) To achieve Nuclear power development in the country.

b) To achieve Nuclear power development in the country.

c) To achieve Economic growth.

d) To achieve regional balance.

Answer: To achieve Nuclear power development in the country.

Question: The total number of industries reserved for public sector undertakings are:

a) 3

b) 17

c) 8

d) 7

Answer: 3

Question: Which one of the following public sector undertaking is established by passing a special law under Parliament?

a) Statutory corporation

b) Partnership

c) Sole proprietorship.

d) Departmental Undertaking

Answer: Statutory corporation

Question: Which one of the following is a Statutory corporation?

a) Food Corporation of India

b) Hindustan Machine tools.

c) Chittranjan Locomotive Works.

d) Steel Authority of India.

Answer: Food Corporation of India

Question: Departmental Undertakings are suitable in case of

a) National security

b) Commercial undertakings.

c) Industrial undertakings.

d) Infrastructural Facilities

Answer: National security

Question: Departmental undertakings are financed through

a) Budgetary Allocation.

b) Public loans

c) Loans from financial institutions.

d) Issue of shares and debentures.

Answer: Budgetary Allocation.

Question: Which one of the following is NOT a feature of departmental undertaking?

a) Separate legal entity.

b) Accountability to concerned ministry.

c) No functional autonomy.

d) No financial Autonomy.

Answer: Separate legal entity.

Question: Which one of the following is NOT a public sector undertaking?

a) Partnership

b) Departmental undertaking

c) Government companies

d) Statutory corporation.

Answer: Partnership