NCERT Class 11 Chapter 3 Business Studies Public Private and Global Organizations MCQ

NCERT Class 11 Chapter 3 Business Studies Public Private and Global Organizations MCQ | Questions & Answers: Do you wish to enhance/ improve your knowledge about the Business Studies Public Private and Global Organizations then here is an opportunity for you. In the below section we have accommodated the NCERT Class 11 Chapter 3 Business Studies Quiz take that up and know where you stood with regards to your knowledge about Public Private and Global Organizations.

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1. The oldest form of organization of public enterprises

A. Departmental Undertaking

B. Statutory Corporation.

C. Government Company

D. Multinational Company.

2. Steel Authority Of India Limited is a public enterprise. Identify this form of public enterprises

A. Government Company

B. Statutory Corporation.

C. Departmental Undertaking

D. Multinational Company.

3. Mergers and Monopolistic Activities is a disadvantage of which form of business enterprise?

A. Joint Ventures

B. Statutory corporation

C. Departmental undertakings.

D. Government companies.

4. Reserve bank of India has been set up as which type of public enterprise?

A. Statutory corporation

B. MNC

C. Departmental undertakings.

D. Government companies

5. A government company is any company in which paid up capital; held by government is not less than

A. 0.51

B. 0.5

C. 0.49

D. 0.48

6. Centralised control in MNC implies control is exercised by

A. Headquarters

B. Branches

C. Subsidiaries

D. Parliament.

7. A company whose ownership and control vested in holding company is known as

A. MNC

B. Departmental undertakings.

C. Statutory corporation

D. Statutory corporation

8. Disinvestment in PSEs implies

A. Sale of equity shares to public

B. Investment in new areas

C. Closing down public sector

D. Buying shares of PSEs

9. Which one of the following is an example of PPP?

A. Delhi Metro Railway Corporation

B. Maruti Suzuki

C. Hero Honda

D. Tata Sky

10. When two business enterprises agree to join together for a common objective and mutual gain, it gives rise to

A. Joint ventures.

B. Partnership

C. Company

D. MNC

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11. Which one of the following is the disadvantage of MNCs?

A. Disregard National Priorities.

B. Bringing foreign exchange.

C. Improved standard of living.

D. Bringing Advanced Technology.

12. Which one of the following is a transnational Enterprise?

A. Coca-Cola, Nestle

B. Coca - Cola

C. Nestle

D. Neither a nor b.

13. Which of the following industry is NOT reserved for public sector undertakings?

A. Sugar industry

B. Atomic industry

C. Arms

D. Railway industry.

14. Reconstruction of sick public sector units is taken by

A. BIFR ( Board of Industrial and Financial reconstruction

B. MOU ( Memorandum of Understanding)

C. FERA ( Foreign Exchange Regulation Act)

D. IDBI ( Industrial Development bank of Indi

15. Which one of the following DONOT justify the objective of establishing public sector enterprises?

A. To achieve Nuclear power development in the country.

B. To achieve economies of scale

C. To achieve Economic growth.

D. To achieve regional balance.

16. The total number of industries reserved for public sector undertakings are:

A. 3

B. 17

C. 8

D. 7

17. Which one of the following public sector undertaking is established by passing a special law under Parliament?

A. Statutory corporation

B. Partnership

C. Sole proprietorship.

D. Departmental Undertaking

18. Which one of the following is a Statutory corporation?

A. Food Corporation of India

B. Hindustan Machine tools.

C. Chittranjan Locomotive Works.

D. Steel Authority of India.

19. Departmental Undertakings are suitable in case of

A. National security

B. Commercial undertakings.

C. Industrial undertakings.

D. Infrastructural Facilities

20. Departmental undertakings are financed through

A. Budgetary Allocation.

B. Public loans

C. Loans from financial institutions.

D. Issue of shares and debentures.

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21. Which one of the following is NOT a feature of departmental undertaking?

A. Separate legal entity.

B. Accountability to concerned ministry.

C. No functional autonomy.

D. No financial Autonomy.

22. Which one of the following is NOT a public sector undertaking?

A. Partnership

B. Departmental undertaking

C. Government companies

D. Statutory corporation.

23. A government company is any company in which the paid up capital held by the government is not less than :

A. 49 percent

B. 51 percent

C. 50 percent

D. 25 percent.

24. PSE’s are organizations owned by :

A. Joint Hindu Family

B. Government

C. Foreign Companies

D. Private Enterpreneurs.