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WorksheetsCHAPTER-3(PUBLIC, PRIVATE AND GLOBAL ENTERPRISE)
Total questions: 20
Worksheet time: 10mins
Which of the following statement is false about departmental undertaking?
All the employees are government employees.
It is financed by the Government Budget.
The employees are accountable to the concerned Minister.
The employees have full autonomy in their working.
Identify the type of Public Sector Enterprise mocked above.
Departmental Undertaking
Statutory Corporation
Government Company
Private Company
In case of Government Company in India, shares are bought in the name of:
Prime Minister
Managing Director of the Company
President of India
Chairman Executive
Match the correct items of Column (A) with the items of Column (B).
(i) - (a), (ii) - (b), (iii) - (c)
(i) - (c), (ii) - (a), (iii) - (b)
(i) - (a), (ii) - (c), (iii) - (b)
(i) - (b), (ii) - (a), (iii) - (c)
Assertion (A) : Departmental Undertaking is most suitable when national security is concerned.
Reason (R) : Departmental Undertaking is established under a special act of the Parliament.
Both Assertion (A) and Reason (R) are true and R is the correct explanation of A.
Both Assertion (A) and Reason (R) are true and R is not the correct explanation of A.
Assertion (A) is true but Reason (R) is false.
Assertion (A) is false but Reason (R) is true.
In which form of Public Sector Enterprise, a private individual can also become a shareholder?
Government Company
Public Corporation
Departmental Undertaking
None of these
Which of the following is not a true statement about a Government Company?
It has a separate legal entity.
It is free from budgetary, accounting and audit procedures.
Government is the major shareholder.
It is wholly owned by the government.
In a survey conducted by Government of India, it was found that many farmers of the country are unable to secure loan for their agricultural needs. Keeping this in mind, the Government decided to form a Public Enterprise under a special act of Parliament, which will have financial and operational autonomy. Which type of Public Enterprise would you suggest to the government?
Statutory Corporation
Departmental Undertaking
Government Company
All of these
Under which policy the role of Public Sector was more dominant?
Industrial Policy 1991
Industrial Policy 1948
Industrial Policy 1952
Industrial Policy 1993
Which sector can modify their policies as per the needs of the situation?
Private Sector
Public Sector
Both of these
None of these
Assertion (A) : Statutory Corporation is usually independently financed.
Reason (R) : The revenue earned by the Statutory Corporation is a source of income for the Government as it directly goes to the treasury.
Both Assertion (A) and Reason (R) are true and R is the correct explanation of A.
Both Assertion (A) and Reason (R) are true and R is not the correct explanation of A.
Assertion (A) is true but Reason (R) is false.
Assertion (A) is false but Reason (R) is true.
Which one of the following is not a Public Sector Undertaking?
Which of the following Public Sector Enterprise is fully accountable to the public and the concerned ministry?
Partnership
Government Company
Public Corporation
Departmental Undertaking
Indian Economy has been transformed into ............ economy.
Socialistic
Private
Mixed
Capitalistic
Out of the following which Public Sector Enterprise does not have a separate legal entity?
Statutory Corporation
Departmental Undertaking
Government Company
All of these
Choose the correct pair.
Departmental Undertaking - Managed by BOD
Statutory Corporation - Managed by Ministry
Government Company - Managed by the government
None of these
After the eve of Independence which sector played the most crucial role in an economy?
Public Sector
Private Sector
Both the sectors
No sector was formed
Atleast 51% of the Statutory Corporation is owned by the government.
True
False
Partially false
Nothing can be said
Which of the following is suitable when the Undertakings require absolute government control and Protection of economy?
Government Company
Statutory Corporation
Departmental Undertaking
All of these
Match the following correct items.
(i) - (a), (ii) - (c), (iii) - (b)
(i) - (b), (ii) - (c), (iii) - (a)
(i) - (a), (ii) - (b), (iii) - (c)
(i) - (c), (ii) - (a), (iii) - (b)
