This quiz works best with JavaScript enabled. Home > Class 11 > Class 11 Business Studies Chapter 3 Private, Public And Global Enterprises – Quiz 8 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Business Studies Chapter 3 Private, Public And Global Enterprises Quiz 8 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Public sector organisations may either be partly or wholly owned by the ..... government. A) State. B) Central. C) Foreign. D) Central and state. Show Answer Correct Answer: D) Central and state. 2. The role of private and public sector were clearly defined by the government through A) Industrial policy 1991. B) The parliament. C) The industrial policy resolution 1948. D) The Indian companies act 2013. Show Answer Correct Answer: C) The industrial policy resolution 1948. 3. In which form of public sector enterprise, private individuals can become owners? A) Statutory corporation. B) Departmental undertakings. C) Joint Ventures. D) Government company. Show Answer Correct Answer: D) Government company. 4. A Public Private Partnership ensures higher quality and timely provision of public services. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 5. PSEs ARE ORGANISATIONS OWNED BY A) JOINT HINDU FAMILY BUSINESS. B) GOVERNMENT. C) FOREIGN COMPANIES. D) PRIVATE ENTREPRENEURS. Show Answer Correct Answer: B) GOVERNMENT. 6. Oligarchic management, giant size, huge market are few characteristic features of which of the following forms of organisation? A) Statutory corporations. B) Departmental undertakings. C) Join ventures. D) Multi-national corporations. Show Answer Correct Answer: D) Multi-national corporations. 7. Employees of Departmental undertakings are A) Not government officials. B) Government Officials. C) Private Employees. D) Personal Employees. Show Answer Correct Answer: B) Government Officials. 8. Which of the following is an example of a public sector organization? A) Apple Inc. B) British Broadcasting Corporation (BBC). C) Nike. D) Tesla. Show Answer Correct Answer: B) British Broadcasting Corporation (BBC). 9. ..... has its own examination boards. A) Departmental Undertakings. B) Statutory Corporation. C) Government Company. D) Both A and B. Show Answer Correct Answer: D) Both A and B. 10. "As government is the majority shareholder, it exercises control over the affairs of the company." Which feature of government company highlighted in the given lines? A) Formation. B) Ownership. C) Separate legal entity. D) Audit procedure. Show Answer Correct Answer: B) Ownership. 11. These are those enterprises in which at least ..... paid up share capital is held by central and / or state government, jointly or individually. A) 31%. B) 21%. C) 51%. D) 75%. Show Answer Correct Answer: C) 51%. 12. CENTRALIZED CONTROL IN MNCS IMPLIES CONTROL EXERCISED BY A) BRANCHES. B) SUBSIDIARIES. C) HEADQUARTER. D) PARLIAMENT. Show Answer Correct Answer: C) HEADQUARTER. 13. Disinvestment of PSU is imply A) Sale of equity to private sector. B) Closing down operations. C) Investing in new area. D) Buying shares of PSU. Show Answer Correct Answer: A) Sale of equity to private sector. 14. ..... are not allowed to use their own revenue freely A) Statutory Corporation. B) Departmental Undertakings. C) Government Compani. D) A and B. Show Answer Correct Answer: B) Departmental Undertakings. 15. LIC is an example of which type of corporation? A) Departmental Undertaking. B) Government company. C) Public Company. D) Statutory Corporation. Show Answer Correct Answer: D) Statutory Corporation. 16. Which of the following best defines an NGO? A) A business funded by shareholders. B) A non-profit organization independent of government, often working for humanitarian or environmental causes. C) A government-owned welfare service. D) A cooperative business. Show Answer Correct Answer: B) A non-profit organization independent of government, often working for humanitarian or environmental causes. 17. What is a key feature of statutory corporations? A) They are part of the government department. B) They are created by a Special Act of Parliament. C) They do not have legal status. D) They are owned by private individuals. Show Answer Correct Answer: B) They are created by a Special Act of Parliament. 18. A government company in any company in which the paid up capital held by the government is not less than A) 49%. B) 50%. C) 52%. D) None of the above. Show Answer Correct Answer: D) None of the above. 19. What type of economy is the Indian economy classified as? A) Global. B) Mixed. C) Capitalist. D) Socialist. Show Answer Correct Answer: B) Mixed. 20. Identify the false statement relating to departmental undertaking: A) Funding is directly from the government. B) Employees are government servants. C) They have complete autonomy in decision making. D) They are accountable to ministry. Show Answer Correct Answer: C) They have complete autonomy in decision making. 21. Public sector enterprises are organizations owned by A) Joint Hindu Family business. B) Government. C) Foreign Companies. D) Private entrepreneurs. Show Answer Correct Answer: B) Government. 22. Companies typically pursue Joint Ventures for all of the following main reasons except: A) To access a new market. B) To gain scale efficiencies. C) To bring out regional development. D) To share risks for major investment. Show Answer Correct Answer: C) To bring out regional development. 23. Global enterprises are also known as: A) Domestic companies. B) Public enterprises. C) Multinational companies. D) Cooperative societies. Show Answer Correct Answer: C) Multinational companies. 24. MNC's concentrate more on selling consumer goods which are always desirable for developing countries. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 25. Which of the following is an example of a public sector company? A) Facebook. B) National Health Service (UK). C) Amazon. D) BMW. Show Answer Correct Answer: B) National Health Service (UK). ← 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 7Class 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