Public Private and Global Enterprises Test

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Public Private and Global Enterprises Test - 15

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Weekly Quiz Competition

Question 1
1 / -0

Minimum paid up share capital in case of a private company is _______.

A
$1$ Lakh

B
$2$ Lakhs

C
$3$ Lakhs

D
$4$ Lakhs

Solution

The Companies Act, 2013 earlier mandated that all Private Limited Companies have a minimum paid up capital of Rs.1 lakh.
This meant that Rs.1 lakh worth of money had to be invested in the company by purchase of the company shares by the shareholders to start business.
Question 2
1 / -0

Who is the Chairman of Bajaj Auto?

A
Sanjiv Bajaj

B
Rajiv Bajaj

C
Jamnalal Bajaj

D
Rahul Bajaj

Solution

Rahul Bajaj is an Indian billionaire businessman, politician and philanthropist. He is the chairman of Indian conglomerate Bajaj Group and member of parliament. Bajaj comes from the business house started by a Rajasthani Marwadi businessman Jamnalal Bajaj.
Question 3
1 / -0

A company can be called Govt company if _________ % of paid up share capital is held by government.

A
Not less than 31

B
Not less than 41

C
Not less than 51

D
None

Solution

The Government Company are the companies in which not less than 51% (fifty-one percent) of the paid-up share capital is held by the Central Government, or any State Government or Governments, or Partly by the Central Government and partly by one or more State Governments, or includes a Company which is a Subsidiary Company of such a Government Company. A Subsidiary of Government Company also treated as a Government Company.
Thus, the correct answer is C.
Question 4
1 / -0

Corporate citizenship is also known as _________.

A
Corporate Governance

B
Corporate image

C
Corporate Social Responsibility

D
Both (a) and (c)

Solution

Corporate Citizenship is a recognition that a business, corporation or business-like organisation, has social, cultural and environmental responsibilities to the community in which it seeks a licence to operate, as well as economic and financial ones to its shareholders or immediate stakeholders.
Question 5
1 / -0

Apple's main business is ________.

A
fruits

B
computers

C
retailing

D
none of the above

Solution

Apple Inc. is an American multinational technology
company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services its online services include the iTunes Store, the iOS App Store and Mac App Store, Apple Music, and iCloud.
Question 6
1 / -0

Which company is world's largest retailer?

A
Shoppers Stop

B
Smart

C
Spencer

D
Walmart

Solution

Walmart Inc. is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores. Headquartered in Bentonville, Arkansas, the company was founded by Sam Walton in 1962 and incorporated on October 31, 1969.
Question 7
1 / -0

The chief characteristic(s) of public enterprises is/are.

A
In some specific cases the public enterprises enjoy monopoly in operation like Railways, Post and Telegraph and Energy production.

B
The state enterprises are liable to the general public for their performances.

C
The public enterprises run as per the whims of the government and as such the economic policies and plans of the government are implemented through public enterprises.

D
All of the above

Solution

The chief characteristics of public enterprises are:
1. In some specific cases the public enterprises enjoy monopoly in operation like railways, post and telegraph and energy production.
2. The state enterprises are liable to the general public for their performance.
3. The public enterprises runs per the whims of the government and as such the economic policies and plans of the government are implemented through public enteprises.
Question 8
1 / -0

Which of the following is autonomous or semi-autonomous corporation and companies establishes, owned and controlled by the state and engaged in industrial & commercial undertakings?

A
Private enterprises

B
Public enterprises

C
Semi private enterprises

D
None of the above

Solution

Public enterprise, a business organization wholly or partly owned by the state and controlled through a public authority. Some public enterprises are placed under public ownership because, for social reasons, it is thought the service or product should be provided by a state monopoly.
Question 9
1 / -0

Good Food, Good Life is the Slogan of which company?

A
Walmart

B
Britannia

C
Parle

D
Nestle

Solution

Nestlé S.A. is a Swiss transnational food and drink company headquartered in Vevey, Vaud, Switzerland. It is the largest food company in the world, measured by revenues and other metrics, since 2014.
Question 10
1 / -0

Larsen & Toubro Ltd. was founded by _______.

A
Indians

B
Americans

C
Danish

D
Europeans

Solution

Larsen & Toubro Limited, commonly known as L&T, is one of the largest Indian multi-national firms and leading construction company in India headquartered in Mumbai, Maharashtra, India. It was founded by two Danish engineers taking refuge in India.

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Re-Attempt Weekly Quiz Competition

Public Private and Global Enterprises Test - 15

Result

Public Private and Global Enterprises Test - 15

Score

-

Rank

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SHARING IS CARING

Question 1

111 Lakh

222 Lakhs

333 Lakhs

444 Lakhs

Solution

Question 2

Sanjiv Bajaj

Rajiv Bajaj

Jamnalal Bajaj

Rahul Bajaj

Solution

Question 3

Not less than 31

Not less than 41

Not less than 51

None

Solution

Question 4

Corporate Governance

Corporate image

Corporate Social Responsibility

Both (a) and (c)

Solution

Question 5

fruits

computers

retailing

none of the above

Solution

Question 6

Shoppers Stop

Smart

Spencer

Walmart

Solution

Question 7

In some specific cases the public enterprises enjoy monopoly in operation like Railways, Post and Telegraph and Energy production.

The state enterprises are liable to the general public for their performances.

The public enterprises run as per the whims of the government and as such the economic policies and plans of the government are implemented through public enterprises.

All of the above

Solution

Question 8

Private enterprises

Public enterprises

Semi private enterprises

None of the above

Solution

Question 9

Walmart

Britannia

Parle

Nestle

Solution

Question 10

Indians

Americans

Danish

Europeans

Solution

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$1$ Lakh

$2$ Lakhs

$3$ Lakhs

$4$ Lakhs