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11th Grade > Business Studies

PRIVATE PUBLIC AND GLOBAL ENTERPRISES MCQs

Total Questions : 30 | Page 2 of 3 pages
Question 11.


What is the main objective of  Public sector enterprises?


  1.     Providing services to the public
  2.     Earning profits
  3.     Providing financial assistance
  4.     All of the above
 Discuss Question
Answer: Option A. -> Providing services to the public
:
A

Providing services to the public is the main objective of a public service enterprise.


Question 12.


Types of organizations in the private sector are:


  1.     Proprietorship
  2.     Joint Hindu family business
  3.     Both A & B
  4.     None of the above
 Discuss Question
Answer: Option C. -> Both A & B
:
C

Proprietorship and Joint Hindu family business, both, fall under private sector. 


Question 13.


Piyush Goyal is the only railway minister to have completed a five year term, from 2004 to 2009. 


  1.     True
  2.     False
  3.     Both A & B
  4.     None of the above
 Discuss Question
Answer: Option B. -> False
:
B

False. Lalu Yadav is the only railway minister to have completed a five year term, from 2004 to 2009.  


Question 14.


Social welfare is the objective of ___ sector.


  1.     Public
  2.     Private
  3.     Both A & B
  4.     None of the above
 Discuss Question
Answer: Option A. -> Public
:
A

Social welfare is the objective of public sector. 


Question 15.


Which of the following is correct about Indian Railways? 


1. It has no independence or freedom of utilising funds in its own way. 


2. In the 2017 Union Budget, it was decided that Railway Budget would be separated from the Union Budget.


  1.     Ony 1 is correct 
  2.     Both 1 and 2 are incorrect
  3.     Both 1 and 2 are correct
  4.     Only 2 is correct
 Discuss Question
Answer: Option A. -> Ony 1 is correct 
:
A

1 is correct and 2 is incorrect. In the 2017 Union Budget, it was decided that Railway Budget would be clubbed with the Union Budget. 


Question 16.


The growth of public sector has lead to the expression of ganiful employment opportunities. 


  1.     True
  2.     False
  3.     Both 1 and 2 are correct
  4.     Only 2 is correct
 Discuss Question
Answer: Option A. -> True
:
A

True. The growth of public sector has lead to the expression of ganiful employment opportunities. 


Question 17.


The government has a practice of appointing advisors to the Corporation Board of Statutory Corporations. 


  1.     True
  2.     False
  3.     Both 1 and 2 are correct
  4.     Only 2 is correct
 Discuss Question
Answer: Option A. -> True
:
A

True. The government has a practice of appointing advisors to the Corporation Board of Statutory Corporations. 


Question 18.


Public sectors are owned and managed by:


  1.     Central government
  2.     State government
  3.     Both A & B
  4.     None of the above
 Discuss Question
Answer: Option C. -> Both A & B
:
C

Public sectors are owned and managed by central and state government. 


Question 19.


CreaSolv Process is a ground-breaking new technology to recycle metal waste. This technology was inspired by a technology to recycle plastic waste. 


  1.     True
  2.     False
  3.     Both 1 and 2 are correct
  4.     Only 2 is correct
 Discuss Question
Answer: Option B. -> False
:
B

False. CreaSolv Process is a ground-breaking new technology to recycle plastic waste. This technology was inspired by a technology to recycle plastic waste. 


Question 20.


Eicher's low-cost manufacturing base afforded Volvo the right opportunity to make India an exporting hub for emerging markets. 


  1.     True 
  2.     False
  3.     Both 1 and 2 are correct
  4.     Only 2 is correct
 Discuss Question
Answer: Option A. -> True 
:
A

True. Eicher's low-cost manufacturing base afforded Volvo the right opportunity to make India an exporting hub for emerging markets. 


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