CBSE Questions for Class 11 Commerce Business Studies Private Public And Global Enterprises Quiz 5 - MCQExams.com

Statutory meeting is to be held by __________________.
  • Public Limited company
  • Private Limited company
  • Both a & b
  • None of the above
Maximum no. of members in case of private company is_________________.
  • $$50$$
  • $$100$$
  • $$150$$
  • $$200$$
A special feature of a Government company is _____________.
  • special provision for their audit
  • it is a company of government
  • an association not for profit
  • none of the above.
_____is the conclusive evidence in case of company that statutory all the requirements have complied with regarding the company registration.
  • Certificate of incorporation
  • Certificate of commencement of business
  • Both
  • None of the above
ITC was originally named as _______.
  • Imperial Tobacco company
  • Indian Tobacco company
  • Indian Tea company
  • None of the above
Maximum number of members in case of a public company is ____________.
  • $$0$$
  • unlimited
  • $$50$$
  • $$200$$
Which of the following is not true about a departmental undertaking?
  • The funding is received directly from the government
  • The employees are government servants
  • Autonomy in decision making
  • Accountable to ministry
An advocate in India sue for his fees.
  • True
  • False
  • Partially true
  • Totally irrelevant
Minimum paid up share capital in case of a private company is _______.
  • $$1$$ Lakh
  • $$2$$ Lakhs
  • $$3$$ Lakhs
  • $$4$$ Lakhs
Who is the Chairman of Bajaj Auto?
  • Sanjiv Bajaj
  • Rajiv Bajaj
  • Jamnalal Bajaj
  • Rahul Bajaj
A company can be called Govt company if _________ % of paid up share capital is held by government.
  • Not less than 31
  • Not less than 41
  • Not less than 51
  • None
Corporate citizenship is also known as _________.
  • Corporate Governance
  • Corporate image
  • Corporate Social Responsibility
  • Both (a) and (c)
Apple's main business is ________.
  • fruits
  • computers
  • retailing
  • none of the above
Which company is world's largest retailer?
  • Shoppers Stop
  • Smart
  • Spencer
  • Walmart
Which of the following is autonomous or semi-autonomous corporation and companies establishes, owned and controlled by the state and engaged in industrial & commercial undertakings?
  • Private enterprises
  • Public enterprises
  • Semi private enterprises
  • None of the above
The chief characteristic(s) of public enterprises is/are.
  • In some specific cases the public enterprises enjoy monopoly in operation like Railways, Post and Telegraph and Energy production.
  • The state enterprises are liable to the general public for their performances.
  • The public enterprises run as per the whims of the government and as such the economic policies and plans of the government are implemented through public enterprises.
  • All of the above
IBM Corporation was founded in _______.
  • 1895
  • 1911
  • 1921
  • 1931
Good Food, Good Life is the Slogan of which company?
  • Walmart
  • Britannia
  • Parle
  • Nestle
Larsen & Toubro Ltd. was founded by _______.
  • Indians
  • Americans
  • Danish
  • Europeans
The chief characteristic(s) of public enterprises is/are __.
$$(1)$$ Autonomous or semi-autonomous organization
$$(2)$$ Financed, owned & managed by the government
$$(3)$$ Primary objective of the establishment of public enterprises is to serve the public at lot of profit.
  • $$(3)$$ & $$(2)$$
  • $$(2)$$ & $$(1)$$
  • $$(1), (2)$$ & $$(3)$$
  • $$(1)$$ & $$(2)$$
The organization form of public sector enterprise does not include______________.
  • Departmental Undertaking
  • Statutory Corporation
  • Government Company
  • Subsidiary to Public Company
The oldest form of a public enterprise is ___________________.
  • Statutory corporation
  • Government company
  • Departmental undertaking
  • Global enterprise
The companies are governed by the Companies Act, ________.
  • $$1956$$
  • $$1936$$
  • $$2013$$
  • $$1856$$
Which form of organization is primarily used for provision of essential services such as railways, postal services, broadcasting etc.?
  • Departmental undertaking
  • Statutory corporation
  • Government company
  • All of the above
_________ refers to the company in which $$51\%$$ or more of the paid up capital is held by the government.
  • Departmental undertaking
  • Statutory corporation
  • Government company
  • All of the above
Which of the following refers to a corporate body created by the Parliament of State Legislature by a special Act which defines its powers, functions and pattern of management?
  • Departmental undertaking
  • Statutory corporation
  • Government company
  • All of the above
Which of the following form of organization is/are used for the public sector enterprises in India?
(i) Departmental undertaking
(ii) Statutory corporation
(iii) Government company
Select the correct answer from the options given.
  • (i) only
  • (ii) only
  • (i) and (ii) only
  • (i), (ii) and (iii)
Which of the following is/are statutory corporation?
  • Life Insurance Corporation(LIC)
  • Unit Trust of India(UTI)
  • Food Corporation of India
  • All of the above
The primary objective of public sector enterprises is to ________.
  • Serve the public
  • Maximize profit
  • Act as a catalyst for community development
  • Provide agricultural products
Which of the following describes the desired future position of the company?
  • Vision statement
  • Mission statement
  • Planning statement
  • Forecasting statement
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