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

Question: Statutory corporations are ____________
a) Private enterprises
b) Sole Proprietorship
c) Public enterprises
d) None of the options
Answer: c 

Question: Which of the following comes under the private sector?
a) Joint Hindu Family
b) Partnership
c) Sole Proprietorship
d) All of the options
Answer: d

Question: A government company is any company in which the paid up capital held by the government is not less than
a) 49 percent
b) 51 percent
c) 50 percent
d) 25 percent
Answer: b

Question: Which among these is a benefit derived from a joint venture of both of the companies:
a) Increased resources and capacity
b) Established brand name
c) Access to technology
d) All of the options
Answer: d

Question: _______ came under the 8 PSUs in 1991:
a) Food industry
b) Atomic energy industry
c) Clothing industry
d) Design industry
Answer: b

Question: Government companies have ________ status.
a) legal
a) artificial
a) natural
a) None of the options
Answer: a

Question: Departmental undertakings are financed through
a) Budgetary Allocation.
b) Public loans
c) Loans from financial institutions.
d) Issue of shares and debentures.
Answer: a

Question: Which industry is not reserved for public sector :
a) Sugar industry
b) Nuclear energy
c) Weapons
d) Rail transport
Answer: a

Question: Private enterprises invest their funds in ________
a) Any area
b) areas where return is maximum
c) any area
d) Secures money for long term with minimum risk
Answer: b

Question: The Industrial Policy Resolution took place in the year:
a) 1991
b) 1947
c) 1956
d) 1963
Answer: c

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: a

Question: Which is Japanese MNC :
a) Sony
b) Pepsi
c) Ponds
d) Wipro.
Answer: a 

Question:Multinational corporations have a network of subsidiaries in ________.
a) several countries
b) home country
c) state only
a) None of the options
Answer: a

Question: Which is not private undertaking :
a) Partnership
b) Departmental undertaking
c) Joint stock company
d) Sole trade.
Answer: b

Question: What step did government took for the growth and development of the backward areas after independence:
a) Four food based industries were set up in backward areas
b) Two coal mines were set up in the backward regions
c) Four steel plants were set up in the backward regions
d) None of the options
Answer: c

Question: Which among these are the major reforms in the PSUs made in the new Industrial Policy in 1991:
a) Protecting the interest of workers
b) Closing down the PSUs which cannot be revived
c) Restructure and revive potentially viable PSUs
d) All of the options
Answer: d

Question: Atleast ________ of the capital of Government company is held by the Government.
a) 51%
b) 71%
c) 95%
d) None of the options
Answer: a

Question: Disinvestments of PSE’s implies
a) Investing in new areas
b) Closing down private sector/public operations
c) Sale of equity shares
d) Buying shares PSE’s
Answer: c

Question: Public sector enterprise is owned, managed and controlled by the ________.
a) Individuals
b) Government
c) Board of directors
d) None of the options
Answer: b 

Question: Which one of the following is NOT a public sector undertaking?
a) Partnership
b) Departmental undertaking
c) Government companies
d) Statutory corporation
Answer: a

Question: _________ consists of business owned by individuals or a group of individuals
a) Public Sector
b) Private Sector
c) Service Sector
d) None of the options
Answer: b

Fill in the Blanks:

Question: “ MNC’S have their headquarters in their home country and exercise control over all branches and subsidiaries”. Name these feature______________ .
Answer: Centralised control

Question: The agreement in a partnership is referred to as a Partnership Deed while that in a Joint Venture is referred to as a/an ______________
Answer: Memorandum of Understanding

Question: These kinds of businesses are typically found in transport infrastructure such as highways, airports, railroad, hospital etc. Such businesses are often formed as______________.
Answer: Public Private Partnership

Question: Public sector can be classified into ______________ divisions.
Answer: three

Question: Huge investment which only global enterprises can afford is ______________ research.
Answer: qualitative 

True and False:

Question: Indian economy is a mixed economy.
Answer: True

Question: the branches of Global Enterprises are also called majority owned foreign affiliates.
Answer: True

Question: Public enterprises are owned by public.
Answer: False

Question: A joint venture may be the result of an agreement between businesses in different countries.
Answer: True

Question: The main objectives of public sector is to accelerate the rate of economic growth and industrialization.
Answer: True

Question: The private sector consists of business owned by individuals or a group of individuals.
Answer: True

Match the following:

Question: identify the features of MNC on the basis of the following.
             A                                                                                                                     B
1. Investors and banks of the host country are willing to invest in them            a) Product innovation
2. Global enterprise usually enter into agreements with Indian c
ompanies pertaining to the sale of technology,production of goods etc.            b) Marketing strategies
                                                                                                                            c) Advance technology
                                                                                                                            d) Huge capital resources
                                                                                                                            e) Foreign collaboration
Answer: 1-d, 2-a

Question: Match the following with the appropriate features.
         A                                                        B
1. The products produced are                a) Foreign collaboration
    able to conform to
     international standards
    and quality specifications .             
2. Qualitative research requires            b) Advanced Technology
    huge investment which only
    global enterprises can afford.        
                                                              c) Product innovation
                                                              d) Huge Capital resources
Answer: 1-b, 2-d

Question: Match the following with the appropriate options:
          A                                                                                    B
1. Huge industrial organisations which                             a) Departmental Undertaking
    extend their industrial and
    marketing operations through a
    network of their branches in
    several countries.                                             
2. Even investors and banks of the host country              b) Global enterprises
    are willing to invest in
    Global enterprises because of this feature.        
                                                                                          c) Statutory Corporations.
                                                                                          d) Huge capital resources
Answer: 1-b, 2-d

Question: Match the following with the appropriate terms:
                      A                                                                                             B
1. The business organization owned and managed by the government.      a) Global enterprises
2. The business enterprises which operate in more than one country.         b) Public sector
                                                                                                                      c) Joint Venture
                                                                                                                      d) Private sector
Answer: 1-b, 2-a