This quiz works best with JavaScript enabled. Home > Class 11 > Class 11 Business Studies Chapter 3 Private, Public And Global Enterprises – Quiz 7 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Business Studies Chapter 3 Private, Public And Global Enterprises Quiz 7 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Public sector enterprise is owned, managed and controlled by the ..... A) Individuals. B) Government. C) Board of directors. D) None of the above. Show Answer Correct Answer: B) Government. 2. Dabur India Ltd. Comes under which sector in Indian economy? A) Public sector. B) Private sector. C) Both the above. D) None of these. Show Answer Correct Answer: B) Private sector. 3. What does the term 'disinvestment' refer to? A) Increasing government ownership in companies. B) Selling government shares in public enterprises. C) Investing in new public sector units. D) Creating new private companies. Show Answer Correct Answer: B) Selling government shares in public enterprises. 4. Which of the following sectors helps in earning foreign exchange for a country? A) Public sector. B) Global enterprises. C) Cooperative sector. D) None of the above. Show Answer Correct Answer: B) Global enterprises. 5. Which of the following find is odd with respect of Village and SmallScale Industry A) Handloom. B) KhadiIndurstries. C) Sericulture. D) Farming equipments. Show Answer Correct Answer: D) Farming equipments. 6. Which of the following is a reason governments operate public corporations? A) To maximize profits for shareholders. B) To provide essential services not attractive to private firms. C) To compete aggressively in global markets. D) To reduce unemployment in the private sector. Show Answer Correct Answer: B) To provide essential services not attractive to private firms. 7. Which of the following is not a limitation of Departmental Undertakings? A) More flexibility. B) Delay in decision-making. C) Red tapism. D) Political interference. Show Answer Correct Answer: A) More flexibility. 8. NAME THE COMPANY FORMED AS A RESULT TO PARTNERSHIP BETWEEN TWO COMPANIES A) JOINT VENTURES. B) MULTINATIONAL CO. C) GOVT. COMPANY. D) PVT. COMPANY. Show Answer Correct Answer: A) JOINT VENTURES. 9. These type of enterprises are a source of government income. A) Company. B) Government companies. C) Departmental undertaking. D) Statutory corporation. Show Answer Correct Answer: C) Departmental undertaking. 10. A government approval is required to be able to form a Joint Venture in case a party to the venture is a foreigner or an NRI. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 11. Public enterprises are owned by public A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 12. Which one of the following is an example of public private partnerships A) Oil and Natural Gas Commision. B) Delhi Metro. C) Indian Railways. D) Gas Authority of India Ltd. Show Answer Correct Answer: B) Delhi Metro. 13. Public enterprises are owned by only public A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 14. Which company formed as a result of partnership between two companies? A) Statutory Company. B) Departmental Undertaking. C) Join Venture. D) Government company. Show Answer Correct Answer: C) Join Venture. 15. Choose the oldest form of public sector enterprises. A) LIC. B) SAIL. C) BHEL. D) Indian post. Show Answer Correct Answer: D) Indian post. 16. Departmental undertakings act through the ..... of the government: A) Officers. B) Employees. C) Agent. D) People. Show Answer Correct Answer: A) Officers. 17. Which of the following is a global enterprise? A) Tata Steel. B) McDonald's. C) Indian Railways. D) LIC of India. Show Answer Correct Answer: B) McDonald's. 18. Huge size, large number of products, network of operations all over the world is a A) Global enterprises. B) Partnership firm. C) Public sector undertaking. D) Departmental undertaking. Show Answer Correct Answer: A) Global enterprises. 19. What is one of the roles of the public sector in the economy? A) Encouraging monopolistic practices. B) Providing infrastructure for industrialization. C) Limiting competition. D) Reducing employment opportunities. Show Answer Correct Answer: B) Providing infrastructure for industrialization. 20. RECONSTRUCTION OF SICK PUBLIC SECTOR UNITS IS TAKEN UP BY A) MOFA. B) MOLL. C) BIFR. D) NRF. Show Answer Correct Answer: C) BIFR. 21. What is the main challenge faced by cooperatives? A) Ensuring democratic decision-making slows down processes. B) Limited liability for members. C) Shared ownership among members. D) Mutual benefits. Show Answer Correct Answer: A) Ensuring democratic decision-making slows down processes. 22. Private enterprises invest their funds in ..... A) Any area. B) Areas where return is maximum. C) Areas where risk is more. D) Secures money for long term with minimum risk. Show Answer Correct Answer: B) Areas where return is maximum. 23. What must enterprises do? A) They must employ people of he community. B) Deal with administrative task of a Union. C) Look at workers performances. D) They should develop detailed descriptions of each job. Show Answer Correct Answer: D) They should develop detailed descriptions of each job. 24. Corporate government is mostly concerned with: A) The well-being of the directors of a company. B) The different laws affecting the company. C) The trading of shares. D) The company's accountability to shareholders, the community and the environment. Show Answer Correct Answer: D) The company's accountability to shareholders, the community and the environment. 25. Centralized control in MNC implies control exercised by ..... A) Branches. B) Subsidiaries. C) Head quarters. D) Parliament. Show Answer Correct Answer: C) Head quarters. ← 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 5Class 11 Business Studies Chapter 3 Private, Public And Global Enterprises Quiz 6Class 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