Class 11 - Business Studies - Chapter 3 - Private, Public and Global Enterprises - MCQs
Q1: LIC is the example of
(a) Departmental undertaking
(b) Statutory corporation
(c) Govt. Company
(d) Private company
Q2: A government company is any company in which the paid up capital held by the government is not less than
(a) 49%
(b) 51%
(c) 50%
(d) 25%
Q3: Which of the following is related to a specific ministry?
(a) Indian Railway
(b) FCI
(c) Coal India
(d) BHEL
Q4: Public Sector Enterprises are organizations owned by
(a) Joint Hindu Family
(b) Foreign Companies
(c) Government
(d) Private Entrepreneurs
Q5: Enterprise requires special powers to fulfill a particular purpose for social cause. Which type of public sector it is?
(a) Government Company
(b) Departmental undertaking
(c) Statutory corporation
(d) All of these
Q6: Disinvestment of Public Sector Enterprises implies
(a) Buying shares
(b) Closing down operations
(c) Investing in new areas
(d) Sale of equity shares to private sector/public
Q7: Steel Authority of India is an example of
(a) Statutory Corporations
(b) Departmental Undertaking
(c) Government Company
(d) Multi-National Corporations
Q8: NESTLE is an example of
(a) Government Company
(b) Departmental Undertaking
(c) Multi-National Corporation
(d) Statutory Corporation
Q9: When two business enterprises work together for a particular purpose that is called?
(a) Partnership
(b) Joint venture
(c) Company
(d) Joint Hindu Family Business
Q10: These enterprises have their network of operations all over the world
(a) Public Enterprises
(b) Global Enterprises
(c) Private Enterprises
(d) Mixed Enterprises
Answers:
1: (b) Statutory corporation
2: (b) 51%
3: (a) Indian Railway
4: (c) Government
5: (c) Statutory corporation
6: (d) Sale of equity shares to private sector/public
7: (c) Government Company
8: (c) Multi-National Corporation
9: (b) Joint venture
10: (b) Global Enterprises
👉See Also:
Ch1: Nature and Purpose of Business (MCQs)
Ch1: Characteristics of Business
Ch1: Business vs Profession vs Employment
Ch1: Nature and Purpose of Business - Classification Of Commerce
Ch2: Forms of Business Organization
Ch2: Sole-Proprietorship (Study Notes)
Ch3: Private Public and Global Enterprises (Q & A)
Ch4: Business Services (Introduction)
Ch4: Banks and Functions Of Commercial Banks
Ch4: Insurance Services
Ch4: Communication Services
Ch5: Emerging Modes of Business (VSQA)
Ch10: International Business-I (NCERT Answers)
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