M.E.

S INDIAN SCHOOL, DOHA-QATAR

Worksheet-4 (2024-2025)

Section :Boys’& Girls’ Date :30/05/2024

Class & Div.: XI (F, G, H, O & P) Subject: Business Studies
Lesson / Topic: 4-Public, Private & Global Enterprises
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1. Centralized control in MNC's implies control exercised by

(a)Branches (b) Subsidies
(b)Headquarters (c)Parliament
2. In a survey conducted by Government of India, it was found that many farmers of the country are
unable to secure loan for their agricultural needs.Keeping this in mind, the government decided to form
a public enterprise under a Special Act of the Parliament, which will be free from government
interference and will have financial and operational autonomy. Which type of public enterprise would
you suggest to the government?
(a)Departmental undertaking (b)Statutory corporation
(c)Government company (d)None of the above
3. A government company is any company in which the paid-up capital held by the government is not
less than
(a)49percent (b) 51 percent
(c)50percent (d)25percent

4. PSE's are organizations owned by

(a)Joint Hindu family (b)Government
(c)Foreign companies (d)Private entrepreneur
5. The funding of which of the following enterprises 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 Societies

6. Along term contract between a private party and a government entity for providing a public asset or
service is regarded to as .
(a)Joint Venture (b)Public Private Enterprises
(c)Government Company (d)Departmental Undertaking
7. Assertion(A):Statutory corporation is usually independently financed.
Reason(R): The revenue earned by statutory corporation is a source of income for the government as it
goes directly to the treasury.
(a) Both the Assertion (A) and Reason(R) are true and Reason(R) is the correct explanation of
Assertion (A).
(b) Both the Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation
of Assertion (A).
(c) Assertion (A) is true, but Reason (R) is false.
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 (d) Assertion (A) is false, but Reason(R) is true.

8. 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
9. 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

10 Assertion(A):There is a need for separate legislation of the Parliament for formation of Government
. Company.
Reason(R): Government Company can be established by fulfilling requirements of the Indian
Companies Act.
(a) Both Assertion(A) and Reason(R) are true and Reason(R) is the correct explanation of Assertion
(A)
(b) Both Assertion(A) and Reason(R) are true, but Reason(R) is not the correct explanation of
Assertion (A)
(c) Assertion(A) is true, but Reason(R)is false
(d) Assertion(A)is false, but Reason(R)is true
11. Which public sector act through the officers of the government & its employees are government
Employee? Explain its features.

12. 'A public sector undertaking formed by passing an Act in the Parliament.' Identify it.Givean example.
13. K.M. Chemicals Ltd., registered under the Companies Act 2013, was started with a paid up capital of
Rs.20,00,000/-. 40% of this paid up capital is in the hands of private individuals and the balance held
by the Government of Kerala. The board of directors consists of four government nominees and two
representatives of private entrepreneur.
(a) Identify the type of company.
(b) Write any three merits of this type of company.

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 14. From Below listed enterprise Classify into them into statutory, Departmental and Government
company.
1. Indian Railways
2. Air India
3. ONGC
4. Post and Telegraphs
5. LIC
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