Chap 3 BST 11

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Private, Public and Global Enterprises Class 11 MCQs

Questions with Answers


AMIT SHIRPURKAR 7000847791
Objective Type Questions
Question 1.
A government company is any company in which the paid up capital held by the
government is not less than :
(a) 49 per cent
(b) 51 per cent
(c) 50 per cent
(d) 25 per cent.

Answer
Answer: (b) 51 per cent
Question 2.
PSE’s are organizations owned by :
(a) Joint Hindu Family
(b) Government
(c) Foreign Companies
(d) Private Enterpreneurs.

Answer
Answer: (b) Government
Question 3.
Disinvestment of PSE’s implies :
(a) Sale of equity shares to private sector/public sector
(b) Closing down operations
(c) Investing in new areas
(d) Buying shares PSE’s.

Answer
Answer: (a) Sale of equity shares to private sector/public sector

Question 4.
Private company is related to which sector:
(a) Mixed
(b) Public
(c) Private
(d) Government

Answer
Answer: (c) Private

Question 5.
Which is not MNC’s of USA :
(a) Coca Cola
(b) Pepsi
(c) Partnership
(d) Joint venture

Answer
Answer: (d) Joint venture
Question 6.
Which industry is not reserved for public sector :
(a) Sugar industry
(b) Nuclear energy
(c) Weapons
(d) Rail transport.

Answer
Answer: (a) Sugar industry

Question 7.
Canara Bank is example of which sector:
(a) Mixed
(b) Public
(c) Private
(d) None of these

Answer
Answer: (b) Public

Question 8.
Hindustan Machine Tools comes under which form of organization :
(a) Government company
(b) Departmental undertaking
(c) Public corporation
(d) None of these.

Answer
Answer: (a) Government company
Question 9.
Which is not private undertaking :
(a) Partnership
(b) Departmental undertaking
(c) Joint stock company
(d) Sole trade.

Answer
Answer: (b) Departmental undertaking

Question 10.
Which bank is related to private sector :
(a) Allahabad Bank
(b) Punjab Sindh Bank
(c) Canara Bank
(d) Oriental Bank of Commerce.

Answer
Answer: (b) Punjab Sindh Bank

Question 11.
Which is Japanese MNC :
(a) Sony
(b) Pepsi
(c) Ponds
(d) Wipro.

Answer
Answer: (a) Sony
Question 12.
Samsung is MNC of:
(a) Germany
(b) Japan
(c) South Korea
(d) Italy.

Answer
Answer: (c) South Korea

Question 13.
Disinvestment of PSU’s means :
(a) Investment in the new sector
(b) Close down of the working
(c) Selling of equity to private and general public
(d) Purchase or shares of PSU’s.

Answer
Answer: (a) Investment in the new sector

Question 14.
Centralized control in MNC’s implies control exercised by :
(a) Branches
(b) Subsidiaries
(c) Headquarters
(d) Parliament.

Answer
Answer: (c) Headquarters
Question 15.
Reconstruction of sick public sector units is taken up by :
(a) MOFA
(b) MOU
(c) BIFR
(d) NRF.

Answer
Answer: (b) MOU

Question 16.
Indian railway is which form of organization :
(a) Public corporation
(b) Department organization
(c) Government company
(d) None of these.

Answer
Answer: (b) Department organization

Question 17.
Which is not the profit of MNC’s :
(a) Increase in foreign investment
(b) Increase in Employment
(c) Danger to domestic industries
(d) Loss of control.

Answer
Answer: (c) Danger to domestic industries
Question 18.
When two Business undertaking get united in order to share profit and common
objective, then it is called :
(a) MNC’s
(b) Company
(c) Partnership
(d) Joint venture.

Answer
Answer: (d) Joint venture.

Question 19.
How many industries are reserved for public sectors :
(a) 8
(b) 4
(c) 17
(d) 3.

Answer
Answer: (d) 3.

Question 20.
Indian food corporation comes under which form of organization :
(a) Department
(b) Government company
(c) Private
(d) None of these.

Answer
Answer: (c) Private
Question 21.
…….. % shares of paid-up capital of government company is kept by the Indian
government:
(a) 51
(b) 50
(c) 70
(d) 40.

Answer
Answer: (a) 51

Question 22.
Punjab National Bank is related to which sector :
(a) Mixed
(b) Private
(c) Public
(d) None of these.

Answer
Answer: (c) Public

Question 23.
Which is not Indian multinational company :
(a) Asian Paints
(b) Infosys
(c) Ranbaxy
(d) Brooke Bond.

Answer
Answer: (d) Brooke Bond.
Question 24.
Which is not belonging to USA MNC :
(a) Ford motors
(b) Pepsi
(c) Lipton
(d) Coca Cola.

Answer
Answer: (c) Lipton

Question 25.
Who is Owner of PSU’s :
(a) JHF
(b) Government
(c) Foreign companies
(d) Private company.

Answer
Answer: (b) Government

Fill in the blanks


1. …… are used to keep goods safety.

Answer
Answer: Warehouse

2. ….. is the example of Industrial finance company.

Answer
Answer: Constitution organisation

3. Hindustan Machine Tools limited is a example of ………

Answer
Answer: Joint venture

4. In public company all economic activities are done by ……….

Answer
Answer: Government,

5. Public company is also called …….

Answer
Answer: Statutory

6. Joint venture has nature of private and …………

Answer
Answer: Public.
7. Statutory of public company is ………

Answer
Answer: Article of Association

8. Joint venture deemed indirectly as a ………

Answer
Answer: Nationalisation

9. In government company percentage of government capital is ……

Answer
Answer: 51

10. Government company is formed by ……….

Answer
Answer: Constitution

11. In ….. sector, we found perfect competition.

Answer
Answer: Private
12. Administration of departmental organisation in the hands of ……….

Answer
Answer: Ministry

13. ……….. organisations are appointed for public utility service organisation.

Answer
Answer: Departmental

14. In Industrial policy of 1991 govt, decided to de-investment of ……. to flourish the
private sector.

Answer
Answer: Public sector

15. Multinational company in a country exploit the consumer by ……..

Answer
Answer: Monopoly

16. Joint courage gives inspiration for ……….

Answer
Answer: Innovation.
True or False
1. Public sectors are of three types.

Answer
Answer: True

2. Statutory organisation have independent existence.

Answer
Answer: True

3. We find effective management in M.N.C.

Answer
Answer: True

4. Multinational company needs huge capital.

Answer
Answer: True
5. Coca-Cola and pepsi are multinational companies.

Answer
Answer: True

6. Departmental organisation gets finance from financial Budget.

Answer
Answer: True

7. In Joint organisation ownership remains in the hands of private sector only.

Answer
Answer: False

8. Hindustan Lever is a Indian company.

Answer
Answer: False

9. International collaboration is also called International venture.

Answer
Answer: True
10. The company which involve in business in several countries called M.N.C.

Answer
Answer: True

Match the Columns


(A) (B)

1. Bharat Heavy Electricals Limited (a) Private sector

2. Life insurance corporation (b) Public sector

3. Undivided Hindu family (c) Constitution corporation

4. Ineffective management (d) Joint sector

5. Hindustan Machine Tools (e) Form of joint courage

6. Mixed companies (f) Govt. company

7. Departmental organisation (g) Govt. employee

8. Private company (h) M.N.C.

9. Philips (i) Minimum two member.


Answer
Answer:

(A) (B)

1. Bharat Heavy Electricals Limited (d) Joint sector

2. Life insurance corporation (c) Constitution corporation

3. Undivided Hindu family (a) Private sector

4. Ineffective management (b) Public sector


5. Hindustan Machine Tools (f) Govt. company

6. Mixed companies (e) Form of joint courage

7. Departmental organisation (g) Govt. employee

8. Private company (i) Minimum two member.

9. Philips (h) M.N.C.


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