Quiz on Private, Public and Global Enterprises

What is the main motive of the Private sector?

• Both a and b

• None of the above

• Earning Profit

• Social service

What type of economy is the Indian economy classified as?

• Global

• Mixed

• Capitalist

• Socialist

Which type of public sector enterprise is financed by the government and its income is deposited in the government treasury?

• Sole proprietorship

• Departmental undertaking

• Partnership

• Company

What do we call an enterprise with huge capital and branches spread all over the country?

• Huge company

• Large corporation

• Global enterprise

• Joint venture

Which of the following is an example of a department that is an extension of the ministry?

• LIC

• BSNL

• ONGC

• Railways

Which is the oldest form of public sector enterprises?

• Government company

• Departmental Undertaking

• Public Company

• Statutory Corporation

How are the powers and objectives of a public corporation defined?

• By Government Order

• By Companies Act

• By Special Act

• By Partnership Act

Is ONGC an example of an Indian energy multinational company?

• True

• False

• Can't Say

• Partly True

What is an enterprise that comes into existence after an act is passed in Parliament called?

• Government Corporation

• Parliament company

• Govt. company

• Public corporation

LIC is an example of which type of corporation?

• Departmental Undertaking

• Government company

• Public Company

• Statutory Corporation