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Business Studies-[Class 11-MCQS ]-Chapter 3 Private, Public and Global Enterprises
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1. Disinvestments of PSE’s implies
Sale of equity shares to private sector/public
Closing down operations
Investing in new areas
Buying shares of PSE’s
2. PSE’s are organisations owned by
Joint Hindu family
 Government
Foreign Companies
Private entrepreneurs
3. A government company is any company in which the paid up capital held by the government is not less than
49 percent
51 percent
50 percent
25 percent
4. Indian economy is a
socialist economy
pure market economy
mixed economy
 traditional economy
5. Which of the following enterprises may benefit the most by an established brand name at the time of incorporation?
Departmental Undertaking
Government Company
Statutory corporations
Joint Venture
6. Which of the following types of organisations has the capability of expansion of market territory and operates through a network of subsidiaries; branches and affiliates?
MOFA
MNC
Public Sector enterprises
 Private sector enterprises
7. The public sector enterprises are to invest and operate in certain spheres. Which of the following is not one of these core sectors?
Civil aviation
Power generation plants
Pharmaceuticals
Project management consultancies
8. The shares of a Government Company are purchased in the name of which of the following?
The Indian Government
The President of India
The Chief Minister of the state; where the head office of the company lies
The Managing Director of the company
9. The funding of which of the following enterprise comes directly from the government treasury; is under an annual appropriation from the budget of the government and the revenue earned by it is also paid into the treasury?
Departmental undertaking
Statutory corporation
Government company
Cooperatives
10. Which of the following is true about statutory corporations?
Statutory corporations are public enterprises that come into existence by a special act of the parliament
Statutory corporations are subject to the same accounting and audit procedures as are applicable to government departments
Statutory enterprises are funded directly by the government treasury
The employees of statutory enterprises are civil servants
11. Reconstruction of sick public sector units is taken up by
MOFA
MoU
BIFR
NRF
12. Centralised control in MNC’s implies control exercised by
 Branches
 Subsidiaries
Headquarters
Parliament
13. All joint ventures in India require government approvals if a foreign partner or a Non Resident Indian is involved. The approval can be obtained from which of the following?
RBI
FIPB
BIFR
Either RBI or FIPB
14. All public sector units were referred to _______________; to decide whether a sick unit was to be restructured or closed down.
PSU
MOFA
MoU
BIFR
15. Which of the following was the first successful privatisation of a Central Public Sector Undertaking; carried out by the Government?
BBUNL
LJMC
MMTC
MoU
16. Which of the following has the power of the Government and the considerable amount of operating flexibility of private enterprises?
Departmental Undertakings
Statutory Corporations
Government companies
All of the above
17. According to the Indian Companies Act 1956; a government company means; any company in which not less than _______________ of the paid up capital is held by the central government or partly by central government; and partly by one or more state governments.
100 percent
91 percent
75 percent
51 percent
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