PRIVATE, PUBLIC AND GLOBAL ENTERPRISE, BUSINESS STUDIES CLASS XI COMMERCE

Which of the following is a key objective of public sector enterprises in India?

• Profit maximization

• Social welfare

• Providing employment only to skilled labor

• Attracting foreign investment

What is the main characteristic of a private sector enterprise?

• Government ownership

• Private ownership

• Mixed ownership

• Ownership by both government and private sectors

Which of the following is a global enterprise?

• Tata Steel

• McDonald's

• Indian Railways

• LIC of India

Which organization primarily provides financial assistance to developing countries?

• IMF

• WTO

• World Bank

• UNESCO

Which sector includes industries, banks, and companies that are owned and managed by private individuals?

• Public sector

• Private sector

• Global sector

• Cooperative sector

What is the main objective of multinational corporations (MNCs)?

• Providing social services

• Earning profit on a global scale

• National welfare

• Protecting the domestic market

Which of the following is an example of a public sector enterprise in India?

• Infosys

• Reliance Industries

• NTPC

• ICICI Bank

Which type of enterprise is characterized by investment from both the public and private sectors?

• Private enterprise

• Public enterprise

• Joint venture

• Cooperative enterprise

Which of these is a disadvantage of public sector enterprises?

• Monopoly in the market

• Focus on profit over public welfare

• Bureaucratic and slow decision-making

• Excessive competition with the private sector

The Industrial Policy Resolution of 1956 in India classified industries into how many categories?

• 1

• 2

• 3

• 4