This quiz works best with JavaScript enabled. Home > Class 11 > Class 11 Business Studies Chapter 3 Private, Public And Global Enterprises – Quiz 5 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Business Studies Chapter 3 Private, Public And Global Enterprises Quiz 5 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Disinvestments of PSE's implies A) Sale of equity shares to public. B) Investing in new areas. C) Buying shares of PSE's. D) Closing down private sector. Show Answer Correct Answer: A) Sale of equity shares to public. 2. Departmental undertakings are considered as a part or an extension of its ..... : A) Holding company. B) Ministry. C) State government. D) Municipal corporation. Show Answer Correct Answer: B) Ministry. 3. The Industrial Policy Resolution of 1956 in India classified industries into how many categories? A) 1. B) 2. C) 3. D) 4. Show Answer Correct Answer: C) 3. 4. Public Ltd. company comes under which sector? A) Public sector. B) Private sector. C) Joint sector. D) None of the above. Show Answer Correct Answer: B) Private sector. 5. What is the primary aim of public sector organizations? A) Maximizing shareholder profit. B) Providing essential goods and services for society. C) Promoting entrepreneurship. D) Competing with multinational corporations. Show Answer Correct Answer: B) Providing essential goods and services for society. 6. What is the primary goal of NGOs? A) Generating profits for shareholders. B) Delivering social, environmental, or humanitarian benefits. C) All the above. D) None of the above. Show Answer Correct Answer: B) Delivering social, environmental, or humanitarian benefits. 7. Government decided to sell the shares in telecom department to private sector. This is an example of: A) Disinvestment. B) Memorandum of undertaking. C) Reconstruction. D) Rehabilitation. Show Answer Correct Answer: A) Disinvestment. 8. This type of enterprises have separate legal entity. A) Statutory corporation. B) Cooperative societies. C) Government companies. D) All of the above. Show Answer Correct Answer: D) All of the above. 9. In which of the following enterprises appointments of employees are made through UPSC and SSB and are headed by IAS officers and civil servants? And, are IAS officers and civil servants are transferable? A) Departmental undertaking, yes. B) Departmental undertaking, no. C) Statutory corporation, yes. D) Statutory corporation, no. Show Answer Correct Answer: A) Departmental undertaking, yes. 10. D) Established brand name (a) 5) There are various restrictive clauses in the agreement relating to transfer of technology, pricing, dividend payments etc. is a feature of A) Partnership firm. B) Government companies. C) Statutory corporations. D) Global enterprises. Show Answer Correct Answer: D) Global enterprises. 11. Which of the following is NOT a form of public enterprise? A) Sole proprietorship. B) Government company. C) Statutory corporation. D) Departmental undertaking. Show Answer Correct Answer: A) Sole proprietorship. 12. Micro enterprise are those whose investment in plant and machinery does not exceed. A) (a) 3 lakhs. B) (b) 5 lakhs. C) (c ) 1 lakhs. D) (d) 2 lakhs. Show Answer Correct Answer: C) (c ) 1 lakhs. 13. When two business enterprises work together for a particular purpose that is called ..... A) Partnership. B) Company. C) Joint venture. D) Joint Hindu Family Business. Show Answer Correct Answer: C) Joint venture. 14. To process imported raw materials, which institute help SSI: A) NSIC. B) DIC. C) BOTH. D) NONE OF THE ABOVE. Show Answer Correct Answer: A) NSIC. 15. A manufacturing enterprise having capital investment in Plant and Machinery upto Rs 25 lakh is called: A) Micro Enterprise. B) Small Enterprise. C) Medium Enterprise. D) Large Enterprise. Show Answer Correct Answer: A) Micro Enterprise. 16. Which of the following has the power of the government and the considerable amount of operating flexibility of private enterprises? A) Departmental undertakings. B) Statutory corporations. C) Government companies. D) All of the above. Show Answer Correct Answer: B) Statutory corporations. 17. What is the main objective of the Reserve Bank of India (RBI) in formulating and implementing monetary policy? A) To maintain price stability and promote growth. B) To maximize profits for the government. C) To control the stock market. D) To regulate foreign exchange rates. Show Answer Correct Answer: A) To maintain price stability and promote growth. 18. ONGC is an example of: A) Departmental undertaking. B) Government company. C) Statutory corporation. D) Private company. Show Answer Correct Answer: C) Statutory corporation. 19. The insurance industry forms part of the ..... sector A) Primary. B) Secondary. C) Tertiary. D) Informal. Show Answer Correct Answer: C) Tertiary. 20. Which of the following sector is now privatised? A) Atomic energy. B) Defence. C) Telecom. D) Railways. Show Answer Correct Answer: C) Telecom. 21. Which of the following is true about statutory corporations? A) Statutory corporations are public that come into existence by Special Act of the Parliament. B) Statutory corporations are subject to the same accounting and audit procedures as are applicable to government departments. C) Statutory enterprises are funded directly by the government treasury. D) The employees of statutory enterprises are civil servants. Show Answer Correct Answer: A) Statutory corporations are public that come into existence by Special Act of the Parliament. 22. 'Global enterprises may issue equity shares, debentures or bonds to public' identify this feature: A) Foreign collaboration. B) Huge capital resource. C) Product innovation. D) Centralized control. Show Answer Correct Answer: B) Huge capital resource. 23. How are decisions typically made in cooperatives? A) By board of directors with majority voting power. B) Democratically, with each member having one vote. C) By the largest shareholder only. D) By government decree. Show Answer Correct Answer: B) Democratically, with each member having one vote. 24. .... not been constituted as autonomous or independent institutions and as much are not independent legal entities. A) MHRD. B) Departmental undertakings. C) Indian Institute of foreign trade. D) All India ratio. Show Answer Correct Answer: B) Departmental undertakings. 25. The share of the government are purchased in the name of A) Board of directors. B) Share holders. C) President of India. D) None of the above. Show Answer Correct Answer: C) President of India. ← 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 2Class 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 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