CHAPTER 3 : Private, Public and Global Enterprises NCERT MCQ CLASS 11TH BUSINESS STUDIES | EDUGROWN

NCERT MCQ ON Private, Public and Global Enterprises:

Q.1 Reconstruction of sick public sector units is taken up by :

(a) MOFA
(b) MOU
(c) BIFR
(d) NRF

Answer

(b) MOU

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Q.2 Indian railway is which form of organization :

(a) Public corporation
(b) Department organization
(c) Government company
(d) None of these

Answer

(b) Department organization

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Q.3 Which is not the profit of MNC’s :

(a) Increase in foreign investment
(b) Increase in Employment
(c) Danger to domestic industries
(d) Loss of controlShow Answer

(c) Danger to domestic industries

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Q.4 Indian food corporation comes under which form of organization :

(a) Department
(b) Government company
(c) Private
(d) None of these

Answer

(c) Private

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Q.5 When two Business undertaking get united in order to share profit and common objective, then it is called :

(a) MNC’s
(b) Company
(c) Partnership
(d) Joint venture

Answer

(d) Joint venture

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Q.6 How many industries are reserved for public sectors :

(a) 8
(b) 4
(c) 17
(d) 3

Answer

(d) 3

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Q.7 Indian economy is _

(a) Closed Economy
(b) Private Economy
(c) Mixed Economy
(d) Fully Developed Economy

Answer

(c) Mixed Economy

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Q.8 Preliminary Contracts are signed

(a) After commencement of business business
(b) After incorporation but before the capital subscription
(c) Before the incorporation
(d) After incorporation but before

Answer

(c) Before the incorporation

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Q.9 Statutory corporations are __

(a) Private enterprises
(b) Sole Proprietorship
(c) Public enterprises
(d) None of the above

Answer

(c) Public enterprises

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Q.10 Which of the following comes under the private sector?

(a) Joint Hindu Family
(b) Partnership
(c) Sole Proprietorship
(d) All of the above

Answer

(d) All of the above

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Q.11 Application for approval of name of a company is to be made to

(a) Government of the State in which Company is to be registered
(b) Registrar of Companies
(c) SEBI
(d) Government of India

Answer

(b) Registrar of Companies

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Q.12 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

Answer

(a) Disregard national Priorities

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Q.13 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

Answer

(a) Government Company

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Q.14 Reconstruction of sick public sector units is taken up by

(a) MOFA
(b) MOU
(c) BIFR
(d) NRF

Answer

(c) BIFR

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Q.15 Centralised control in MNC’s implies control exercised by

(a) Branches
(b) Subsidiaries
(c) Headquarters
(d) Parliament

Answer

(c) Headquarters

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Q.16 Departmental Undertakings are suitable in case of

(a) National security
(b) Commercial undertakings
(c) Industrial undertakings
(d) Infrastructural Facilities

Answer

(a) National security

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Q.17 Which one of the following is NOT a public sector undertaking?

(a) Partnership
(b) Departmental undertaking
(c) Government companies
(d) Statutory corporation

Answer

(a) Partnership

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Q.18 In the industrial policy resolution _, the Government of India has specified the approach towards the development of the industrial sector.

(a) 1956
(b) 1948
(c) 1932
(d) 2009

Answer

(a) 1956

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Q.19 Which industry is not reserved for public sector :

(a) Sugar industry
(b) Nuclear energy
(c) Weapons
(d) Rail transport

Answer

(a) Sugar industry

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Q.20 Canara Bank is example of which sector:

(a) Mixed
(b) Public
(c) Private
(d) None of these

Answer

(b) Public

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Q.21 Which bank is related to private sector :

(a) Allahabad Bank
(b) Punjab Sindh Bank
(c) Canara Bank
(d) Oriental Bank of Commerce

Answer

(b) Punjab Sindh Bank