Class 11 Business Studies MCQ Questions of Private, Public and Global Enterprises was Prepared Based on Latest Syllabus and Exam Pattern. Students can solve Class 11 Business Studies Private, Public and Global Enterprises Multiple Choice Questions with Answers to know their preparation level on Sarthaks eConnect Website itself. Practice MCQ Questions for Class 11 Business Studies Forms of Business Organisation with Answers.
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1. Disinvestments of PSE’s implies
(a) Sale of equity shares to private sector/public
(b) Closing down operations
(c) Investing in new areas
(d) Buying shares of PSE’s
2. PSE’s are organisations owned by
(a) Joint Hindu family
(b) Government
(c) Foreign Companies
(d) Private entrepreneurs
3. A government company is any company in which the paid up capital held by the government is not less than
(a) 49 percent
(b) 51 percent
(c) 50 percent
(d) 25 percent
4. Indian economy is a
(a) socialist economy
(b) pure market economy
(c) mixed economy
(d) traditional economy
5. Which of the following enterprises may benefit the most by an established brand name at the time of incorporation?
(a) Departmental Undertaking
(b) Government Company
(c) Statutory corporations
(d) Joint Venture
6. 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
7. The public sector enterprises are owned, managed and controlled by the________.
a) Government
b) Individuals
c) Foreigners
d) Investors
8. The Industrial Policy Resolution took place in the year:
a) 1991
b) 1947
c) 1956
d) 1963
9. The main objective of the Industrial Policy Resolution was to:
a) Accelerate the rate of growth
b) Accelerate the rate of industrialisation
c) Accelerate the rate of privatisation
d) Both A and B
10. There are ______forms of public sector enterprises:
a) 3
b) 4
c) 7
d) 5
11. The oldest and most traditional form of organising public sector enterprises is:
a) Statutory corporation
b) Departmental undertaking
c) Government companies
d) Both B and C
12. Departmental undertakings act through the ______ of the government:
a) Officers
b) Employees
c) Agent
d) People
13. Departmental Undertakings are suitable in case of
(i) National security
(ii) Commercial undertakings
(iii) Industrial undertakings
(iv) Infrastructural Facilities
14. Which one of the following public sector undertaking is established by passing a special law under Parliament?
(i) Statutory corporation
(ii) Partnership
(iii) Sole proprietorship.
(iv) Departmental Undertaking
15. PSE’s are organizations owned by :
(i) Joint Hindu Family
(ii) Government
(iii) Foreign Companies
(iv) Private Enterpreneurs.
16. Indian economy is a
(i) socialist economy
(ii) pure market economy
(iii) mixed economy
(iv) traditional economy
17. Steel Authority Of India Limited is a public enterprise. Identify this form of public enterprises
(i) Government Company
(ii) Statutory Corporation.
(iii) Departmental Undertaking
(iv) Multinational Company.
18. Which one of the following is NOT a public sector undertaking?
(i) Partnership
(ii) Departmental undertaking
(iii) Government companies
(iv) Statutory corporation
19. The minimum number of members to form a public company is
(a) 5
(b) 21
(c) 12
(d) 7
20. _________ consists of business owned by individuals or a group of individuals
(a) Public Sector
(b) Private Sector
(c) Service Sector
(d) None of the above
21. Reconstruction of sick public sector units is taken by
(a) BIFR (Board of Industrial and Financial reconstruction
(b) MOU (Memorandum of Understanding)
(c) FERA (Foreign Exchange Regulation Act)
(d) IDBI (Industrial Development Bank of India
22. Stages in the formation of a public company are in the following order
(a) Promotion, Incorporation, capital subscription, the commencement of business
(b) Incorporation, Capital of Business, Capital Subscription Commencement of Business, Promotion
(c) Capital Subscription, Promotion, Incorporation, Commencement of Business
(d) Promotion, the commencement of business
23. Departmental Undertakings are suitable in case of
(a) National security
(b) Commercial undertakings
(c) Industrial undertakings
(d) Infrastructural Facilities
24. Which one of the following is NOT a public sector undertaking?
(a) Partnership
(b) Departmental undertaking
(c) Government companies
(d) Statutory corporation
25. In the industrial policy resolution _____, the Government of India has specified the approach towards the development of the industrial sector.
(a) 1956
(b) 1948
(c) 1932
(d) 2009
