Public Sector Enterprises in India MCQ
Question 11. Which of the following types of organisations has the capability of expansion of market territory and operates through a network of subsidiaries, branches and affiliates?
(a) MOFA
(b) MNC
(c) Public Sector enterprises
(d) Private sector enterprises
Question 12. Which of the following statements regarding recent Government policy measures towards the public sector is/are true?
a. Restructuring and reviving potentially viable PSU’s.
b. Closing down of those PSU’s that can not be revived.
c. Bringing down government equity in all non strategic PSU’s to 50 percent or lower.
d. Fully protecting the interest of workers.
(a) Only a, b and c
(b) Only a, c and d
(c) Only a, b and d
(d) Only b, c and d
Question 13. In the 2001 resolution on industrial policy the number of industries exclusively reserved for the public sector was brought down. This meant that the private sector can now enter all areas, except these and the public sector would have to compete with them. Which of the following areas are now exclusive for the public sector?
a. Atomic energy
b. Arms
c. Communication
d. Railways
(a) Only a, b and c
(b) Only a, c and d
(c) Only a, b and d
(d) Only b, c and d
Question 14. The public sector enterprises are to invest and operate in certain spheres. Which of the following is not one of these core sectors?
(a) Civil aviation
(b) Power generation plants
(c) Pharmaceuticals
(d) Project management consultancies
Question 15. The shares of a Government Company are purchased in the name of which of the following?
(a) The Indian Government.
(b) The President of India.
(c) The Chief Minister of the state, where the head office of the company lies.
(d) The Managing Director of the company.
Question 16. The funding of which of the following enterprise comes directly from the government treasury, is under an annual appropriation from the budget of the government and the revenue earned by it is also paid into the treasury?
(a) Departmental undertaking
(b) Statutory corporation
(c) Government company
(d) Cooperatives
Question 17. Which of the following is true about statutory corporations?
(a) Statutory corporations are public enterprises that come into existence by a special act of the parliament.
(b) Statutory corporations are subject to the same accounting and audit procedures as are applicable to government departments.
(c) Statutory enterprises are funded directly by the government treasury.
(d) The employees of statutory enterprises are civil servants.
Question 18. Reconstruction of sick public sector units is taken up by
(a) MOFA
(b) MoU
(c) BIFR
(d) NRF
Question 19. Centralised control in MNC’s implies control exercised by
(a) Branches
(b) Subsidiaries
(c) Headquarters
(d) Parliament
Question 20. Which of the following is/are the correct way(s) of forming a joint venture company?
a. Two parties can incorporate a company in India and the business of both parties can be transferred directly to the new company.
b. The above two parties can subscribe to the shares of the joint venture company in agreed proportion, in cash, and start a new business.
c. Promoter shareholder of an existing Indian company and another party may jointly collaborate to jointly carry on the business of that company.
(a) Only a
(b) Only b
(c) Only c
(d) Only a and b
(e) Only b and c
