This quiz works best with JavaScript enabled. Home > Class 11 > Class 11 Business Studies Chapter 3 Private, Public And Global Enterprises – Quiz 2 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Business Studies Chapter 3 Private, Public And Global Enterprises Quiz 2 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. The paid up capital held by government in government company is not less than A) 49%. B) 54%. C) 51%. D) 50%. Show Answer Correct Answer: C) 51%. 2. LIC is an example of ..... A) Statutory Corporation. B) Departmental Undertakings. C) Government Compnay. D) A and B both. Show Answer Correct Answer: A) Statutory Corporation. 3. The nature and power of a Statutory Corporation is defined in ..... A) Special statute. B) Companies Act 2013. C) Both A & B. D) None of these. Show Answer Correct Answer: A) Special statute. 4. The revenue of departmental undertakings is deposited in ..... A) Government Treasury. B) State Treasury. C) Company Treasury. D) All of the above. Show Answer Correct Answer: A) Government Treasury. 5. WHAT TERM IS USED FOR SALE OF SHARE TO PRIVATE /PUBLIC SECTOR A) DISINVESTMENT. B) INVESTMENT. C) CAPITAL. D) NONE. Show Answer Correct Answer: A) DISINVESTMENT. 6. Under Start up scheme government of India offer: A) Easy Registration. B) Tax Exemption. C) No Inspection. D) All of the above. Show Answer Correct Answer: D) All of the above. 7. In a government company atleast 51% of paid up capital should be held by: A) Fully by the state government. B) Fully by the central government. C) Partly by both state and central governments. D) Any of the above. Show Answer Correct Answer: D) Any of the above. 8. Reconstruction of Sikh public sector units is taken up by A) MOFA. B) BIFR. C) MOLL. D) NRF. Show Answer Correct Answer: B) BIFR. 9. Which of these industries belongs to the Manufacturing Sector? A) ECommerce. B) Chemicals. C) Banking. D) Hospitality. Show Answer Correct Answer: B) Chemicals. 10. What is a government company defined as? A) A company established under the Companies Act. B) A non-profit organization. C) A partnership firm. D) A company with less than 51% government ownership. Show Answer Correct Answer: A) A company established under the Companies Act. 11. ..... And ..... are important documents of Government company A) Prospectus and article of association. B) Memorandum and Article of association. C) Memorandum and annual report. D) None of the above. Show Answer Correct Answer: B) Memorandum and Article of association. 12. Is ONGC an example of an Indian energy multinational company? A) True. B) False. C) Can't Say. D) Partly True. Show Answer Correct Answer: A) True. 13. Private investors can not hold shares in Government companies. A) True. B) False. C) Partially False. D) Can't say. Show Answer Correct Answer: B) False. 14. Which of the following is not a merit of Statutory corporations. A) (a)They are autonomous organisation. B) (b)They are a valuable instrument for economic development. C) C) When national security is concerned this form is the most suitable. D) D) The government generally does not interfere in their financial matters. Show Answer Correct Answer: C) C) When national security is concerned this form is the most suitable. 15. Which organization primarily provides financial assistance to developing countries? A) IMF. B) WTO. C) World Bank. D) UNESCO. Show Answer Correct Answer: C) World Bank. 16. Disinvestments of Public Sector Enterprises was done by ..... A) Buying shares of PSE's. B) Investing in new areas. C) Sale of equity shares to public. D) Closing down private sector. Show Answer Correct Answer: C) Sale of equity shares to public. 17. The oldest form of organisation of public enterprises A) Statutory corporation. B) Departmental undertakings. C) Government company. D) Multi-national corporation. Show Answer Correct Answer: B) Departmental undertakings. 18. Which type of public sector enterprise is financed by the government and its income is deposited in the government treasury? A) Sole proprietorship. B) Departmental undertaking. C) Partnership. D) Company. Show Answer Correct Answer: B) Departmental undertaking. 19. Public corporations are often criticized for: A) Being profit-driven. B) Facing little competition, leading to inefficiency. C) Raising finance through stock markets. D) Providing essential utilities. Show Answer Correct Answer: B) Facing little competition, leading to inefficiency. 20. As India has adopted the framework of capitalist economy, thus all business organisations can be grouped as privately owned and government owned organisations. A) True. B) False. C) Can't say. D) Partially true. Show Answer Correct Answer: B) False. 21. Centralised control in MNC's implies control exercised by ..... A) Branches. B) Subsidiaries. C) Head quarters. D) Parliament. Show Answer Correct Answer: C) Head quarters. 22. Two private organizations may not come together to form a Joint Venture. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 23. The first step in developing a business plan is to ..... A) Identify strategic alternatives. B) Write the plan. C) Gather and review information. D) Ask an expert to review the plan. Show Answer Correct Answer: C) Gather and review information. 24. Which of the following best describes the private sector? A) Organizations owned and controlled by the government. B) Businesses run for profit and owned by individuals or groups. C) Charities funded by donations. D) Non-profit organizations. Show Answer Correct Answer: B) Businesses run for profit and owned by individuals or groups. 25. As per the statistics, Small Medium Enterprises accounts how much % of industrial output? A) 45%. B) 30%. C) 60%. D) 90%. Show Answer Correct Answer: A) 45%. ← PreviousNext →Related QuizzesClass 11 Business Studies Chapter 3 Private, Public And Global Enterprises Quiz 1Class 11 Business Studies Chapter 3 Private, Public And Global Enterprises Quiz 3Class 11 Business Studies Chapter 3 Private, Public And Global Enterprises Quiz 4Class 11 Business Studies Chapter 3 Private, Public And Global Enterprises Quiz 5Class 11 Business Studies Chapter 3 Private, Public And Global Enterprises Quiz 6Class 11 Business Studies Chapter 3 Private, Public And Global Enterprises Quiz 7Class 11 Business Studies Chapter 3 Private, Public And Global Enterprises Quiz 8Class 11 Business Studies Chapter 3 Private, Public And Global Enterprises Quiz 9Class 11 Business Studies Chapter 3 Private, Public And Global Enterprises Quiz 10Class 11 Business Studies Chapter 3 Private, Public And Global Enterprises Quiz 11 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books