Test: Private, Public And Global Enterprises - 1


10 Questions MCQ Test Business Studies (BST) Class 11 | Test: Private, Public And Global Enterprises - 1


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Attempt Test: Private, Public And Global Enterprises - 1 | 10 questions in 10 minutes | Mock test for Commerce preparation | Free important questions MCQ to study Business Studies (BST) Class 11 for Commerce Exam | Download free PDF with solutions
QUESTION: 1

This a MCQ (Multiple Choice Question) based practice test of Chapter 3 - Public Private and Global Enterprises of Business Studies of Class XI (11) for the quick revision/preparation of School Board examinations

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

Solution:

According to the Indian Companies Act. 1956, a government company means any company in which not less than 51 per cent of the paid up capital is held by the Central Government, or by any State Government or partly by Central Government and partly by one or more State Governments.

QUESTION: 2

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

Solution:

According to the Indian Companies Act. 1956, a government company means any company in which not less than 51 per cent of the paid up capital is held by the Central Government, or by any State Government or partly by Central Government and partly by one or more State Governments.

QUESTION: 3

PSE's are organisations owned by

Solution:

The term ‘PSEs’ stands for public sector enterprises, which are completely owned and controlled by the government. On the other hand, the other types of organisations given in the question, namely, Joint Hindu family, foreign companies and private entrepreneurs, are controlled and owned by private individuals.

QUESTION: 4

Reconstruction of sick public sector units is taken up by

Solution:
QUESTION: 5

Disinvestments of PSE's implies

Solution:

Disinvestment refers to the sale of the equity shares to the private sector and the public. The objective of disinvestment is to raise funds and encourage wider participation of the general public and workers in the ownership of these enterprises.

QUESTION: 6

Indian economy consists of ___________

Solution:
QUESTION: 7

Indian economy is _________

Solution:
QUESTION: 8

___________ consists of business owned by individuals or a group of individuals

Solution:

The private sector is the part of the economy that is run by individuals and companies for profit and is not state controlled.

QUESTION: 9

____ Sector consists of various organisations owned and managed by Government

Solution:
QUESTION: 10

In the industrial policy resolution _____ the Government of India has specified the approach towards development of the industrial sector.

Solution:

In the Industrial Policy Resolution 1948, the Government of India had specified the approach towards development of  the industrial sector. The roles of the private and public sector were clearly defined and the government through various Acts and Regulations was overseeing the economic activities of both the private and public sector.

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