Public Sector Enterprises in India MCQ
Question 21. All joint ventures in India require government approvals if a foreign partner or a Non Resident Indian is involved. The approval can be obtained from which of the following?
(a) RBI
(b) FIPB
(c) BIFR
(d) All of these
(e) Either RBI or FIPB
Question 22. Which of the following roles are played by the public sector in the economy?
a. Regional balance
b. Economies of scale
c. Check over concentration of economic power
d. Import substitution
e. Development of infrastructure
(a) Only a, b and d
(b) Only a, c, d and e
(c) Only a, b, c and e
(d) Only b, c, d and e
(e) All of these
Question 24. Which of the following was the first successful privatisation of a Central Public Sector Undertaking, carried out by the Government?
(a) BBUNL
(b) LJMC
(c) MMTC
(d) MoU
Question 25. Which of the following has the power of the Government and the considerable amount of operating flexibility of private enterprises?
(a) Departmental Undertakings
(b) Statutory Corporations
(c) Government companies
(d) All of the above
Question 26. According to the Indian Companies Act 1956, a government company means, any company in which not less than _______________ of the paid up capital is held by the central government or partly by central government, and partly by one or more state governments.
(a) 100 percent
(b) 91 percent
(c) 75 percent
(d) 51 percent
Question 27.The forms of organisation which a public enterprise may take are?
a. Departmental undertaking
b. Cooperative
c. Statutory corporation
d. Government company
(a) Only a, b, and c
(b) Only a, c and d
(c) Only b, c and d
(d) Only a, b and d
ONE LINERS QUESTIONS
- Mention any two types of Public enterprises.
Answer: (a) Departmental Undertakings (b) Government Companies
- Give an example for departmental undertaking.
Answer: Railway department
- Give an example for statutory corporations.
Answer: Karnataka state road transportation corporation (KSR.TC)
- Mention any one feature of statutory corporations.
Answer: Government Control
- Mention any one feature of Government companies.
Answer: Ownership
- Mention any one feature of MNC’s.
Answer: Large Scale operations
- Give an example for MNCs.
Answer: Sony
- Give an example for Joint venture.
Answer: Maruthi Suzuki
- State any one feature of Joint venture.
Answer: Single Business
- State the minimum amount of capital held by the government in government companies.
Answer: The minimum amount of capital held by the government is not less than 51% of paid up capital by state or central government.
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