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Public Private and Global Enterprises Test - 21

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Public Private and Global Enterprises Test - 21
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Weekly Quiz Competition
  • Question 1
    1 / -0
    The public sector enterprises are to invest and operate in certain spheres. Which of the following is not one of these core sectors?
    Solution
    Investments were to be made as follows:
    1. Give infrastructure to the core sector, which requires huge capital investment, complex and upgraded technology, big and effective organisation structures like steel plants, power generation plants, civil aviation, railways, petroleum, state trading, coal, etc;
    2. Give leads in investment to the core sector where private sector enterprises are not functioning in the desired direction, like fertilizers, pharmaceuticals, petro-chemicals, newsprint, medium, and heavy engineering. 
    Hence, D is the correct option.
  • Question 2
    1 / -0
    A _______________ enjoys maximum administrative autonomy in all management activities.
    Solution
    A government company is managed, financed, and audited just like any other private sector company. It can, therefore, secure greater flexibility, freedom of operation, and quickness of action in running the enterprise.
  • Question 3
    1 / -0
    Which of the following enterprises operate as  Multinational Companies?
    Solution
    A multinational company means an entity that operates in many countries by setting up branches, factories, workshops. For example:- Coca-Cola, Hyundai, Nike, Reebok, L'Oreal, Sony, LG, Samsung, etc.
  • Question 4
    1 / -0
    How much percentage of share must be held by government to call any company a government company?
    Solution
    Government company means any company in which at least 51 percent of the paid-up share capital is held by the central or state government or partly by central or state government. 
  • Question 5
    1 / -0
    Which of the following statements regarding recent Government policy measures towards the public sector is/are true?
    a. Restructuring and reviving potentially viable PSUs.
    b. Closing down of those PSUs that can not be revived.
    c. Bringing down government equity in all non-strategic PSUs to 50 percent or lower.
    d. Fully protecting the interest of workers.
    Solution
    The main elements of the Government policy are as follows:
    1. Restructure and revive potentially viable PSUs;
    2. Close down PSUs, which cannot be revived;
    3. Bring down governments equity in all non-strategic PSUs to 26 percent or lower, if necessary; and
    4. Fully protect the interest of workers.
    Hence, C is the correct option.
  • Question 6
    1 / -0
    __________ form is preferred to others in the public sector because it has management and financial autonomy.
    Solution
    1.  A government company is managed, financed, and audited just like any other private sector company. It can, therefore, secure greater flexibility, freedom of operation, and quickness of action in running the enterprise.
  • Question 7
    1 / -0
    Which of the following enterprises operates as a Public-Private Partnership?
    Solution
    A public-private partnership describes a government service or a private business venture, which is funded and operated through a partnership between the government and one or more private sector companies. PPP is commonly used in government projects targeted at public welfare, for example, Delhi Metro Rail Corporation.
  • Question 8
    1 / -0
    _______________ are the centres which provide single window service and high data communication facilities to the software experts.
    Solution
    The software technology parks provide single window service and high data communication facility to software experts. They are a cluster of software export units, in which software technology companies develop and export computer software and other professional services.

  • Question 9
    1 / -0
    In the industrial policy resolution _________, the Government of India has specified the approach towards the development of the industrial sector.
    Solution

    In the industrial policy resolution 1956, the Government of India has specified the approach towards the development of the industrial sector. In the 1956 resolution on Industrial policy, 17 industries were reserved for the public sector.
    Hence, B is the correct option.

  • Question 10
    1 / -0
    All public sector units were referred to _______________, to decide whether a sick unit was to be restructured or closed down.
    Solution
    The Board for Industrial and Financial Reconstruction is an agency set up by the government of India to determine sickness of industrial companies and to assist in revival of those that may be viable and shutting down others. 
    All public sector units were referred to the Board of Industrial and Financial Reconstruction (BIFR) to decide whether a sick unit was to be restructured or closed down. 
    Hence, D is the correct option.
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