B.St. Ch.3

In which condition Government company form of PSU is not suitable?

• When high degree of public accountability is required

• When flexibility of operations is required

• When goods and services are to be provided at reasonable prices

• (d) When national security is concerned

Identity the type of organisation highlighted in the given statement :

"It is a government service or private business venture which is operated through a collabor of government and one or more private sector companies."

• Joint venture

• (b) Government company

• (c) Public private partnership

• (d) Statutory corporation

Privatisation of public sector refers to

• Selling debentures of public sector to the private sector

• Selling shares of public sector to the private sector

• Employees are restricted to avail benefits of a public sector enterprise

• (d) Public sector companies competing with private sector

Identify the false statement relating to departmental undertaking.

• (a) Funding is directly from government

• Employees are government servants

• They have complete autonomy in decision-making

• They are accountable to ministry

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

• Departmental undertaking

• (b) Partnership

• (c) Government companies

• (d) Statutory corporation

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

• No functional autonomy

• (b) Accountability to concerned ministry

• (c) Separate legal entity

• (d) No financial autonomy

Departmental undertakings are suitable in case of

• Commercial undertakings

• (b) Industrial undertakings

• (c) National security

• (d) Infrastructural facilities

Which one of the following is a statutory corporation?

• Food corporation of India

• (b) Hindustan machine tools

• (c) Chittranjan locomotive works

• (d) Steel authority of India

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

• (a) Partnership

• (b) Sole proprietorship

• (c) Statutory corporation

• (d) Departmental undertaking

Which one of the following DO NOT justify the objective of establishing public sector enterprises?

• To achieve nuclear power development in the country

• To achieve economies of scale

• To achieve economic growth

• To achieve regional balance