Public Private and Global Enterprises Test

Result

Public Private and Global Enterprises Test - 2

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Weekly Quiz Competition

Question 1
1 / -0

Minimum number of members to form a private company is

A
3

B
2

C
5

D
7

Solution

A private company is the one which has a minimum paid-up share capital of Rs. 100000 or such higher capital as prescribed by the Companies Act. Its Article of association mentions that the company restricts the right to transfer its shares; limits the number of its members from 2 to 50.
Question 2
1 / -0

Minimum number of members to form a private company is

A
3

B
2

C
5

D
7

Solution

A private company is the one which has a minimum paid-up share capital of Rs. 100000 or such higher capital as prescribed by the Companies Act. Its Article of association mentions that the company restricts the right to transfer its shares; limits the number of its members from 2 to 50.
Question 3
1 / -0

Indian economy is _________.

A
Private Economy

B
Mixed Economy

C
Closed Economy

D
Fully Developed Economy

Solution

The Indian economy consists of both privately owned and government owned business enterprises, it is known as a mixed economy. The Government of India has opted for a mixed economy where both private and government enterprises are allowed to operate.
Question 4
1 / -0

PSE's are organisations owned by

A
Government

B
Joint Hindu family

C
Foreign Companies

D
Private entrepreneurs

Solution

A state-owned enterprise in India is called a Public Sector Undertaking (PSU) or a Public Sector Enterprise (PSE). These companies are owned by the union government of India, or one of the many state or territorial governments, or both.
Question 5
1 / -0

Which of the following comes under public sector?

A
Government companies

B
All of these

C
Departmental undertakings

D
Statutory corporation

Solution

The different types of public sector enterprises are as follows:

1.Departmental undertakings : This is the oldest and most traditional form of organizing public enterprises. Examples of these undertakings are railways, post and telegraph department.

2.Statutory corporations : Statutory corporations are public enterprises brought into existence by a special act of the parliament.

3.Government company : A Government company is established under the Indian Company Act, 1956 and is registered and governed by the provisions of the Indian Companies Act.
Question 6
1 / -0

____ _________consists of various organisations owned and managed by Government.

A
Private Sector

B
Public Sector

C
Manufacturing Sector

D
Service Sector

Solution

A state-owned enterprise in India is called a Public Sector Undertaking (PSU) or a Public Sector Enterprise (PSE). These companies are owned by the union government of India, or one of the many state or territorial governments, or both.
Question 7
1 / -0

Which of the following is an example of Departmental undertakings?

A
All of these

B
Air India

C
Railway

D
Post and Telegraph Department

Solution

Departmental undertakings : This is the oldest and most traditional form of organizing public enterprises. Examples of these undertakings are railways, post & telegraph department and Air India.
Question 8
1 / -0

Which of the following is an example of Departmental undertakings?

A
All of these

B
Air India

C
Railway

D
Post and Telegraph Department

Solution

Departmental undertakings : This is the oldest and most traditional form of organizing public enterprises. Examples of these undertakings are railways, post & telegraph department and Air India.
Question 9
1 / -0

Statutory corporations are ____________.

A
Sole Proprietorship

B
Public enterprises

C
None of these

D
Private enterprises

Solution

Statutory corporations are public enterprises brought into existence by a special act of the parliament. Statutory corporations are Public enterprises.
Question 10
1 / -0

A prospectus is issued by

A
A public company seeking investment frompublic.

B
A public company

C
A public enterprise

D
A private company

Solution

A prospectus is a legal document issued by

companies that are offering securities for sale.

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Question Analysis

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Re-Attempt Weekly Quiz Competition

Public Private and Global Enterprises Test - 2

Result

Public Private and Global Enterprises Test - 2

Score

-

Rank

-

SHARING IS CARING

Question 1

3

2

5

7

Solution

Question 2

3

2

5

7

Solution

Question 3

Private Economy

Mixed Economy

Closed Economy

Fully Developed Economy

Solution

Question 4

Government

Joint Hindu family

Foreign Companies

Private entrepreneurs

Solution

Question 5

Government companies

All of these

Departmental undertakings

Statutory corporation

Solution

Question 6

Private Sector

Public Sector

Manufacturing Sector

Service Sector

Solution

Question 7

All of these

Air India

Railway

Post and Telegraph Department

Solution

Question 8

All of these

Air India

Railway

Post and Telegraph Department

Solution

Question 9

Sole Proprietorship

Public enterprises

None of these

Private enterprises

Solution

Question 10

A public company seeking investment frompublic.

A public company

A public enterprise

A private company

Solution

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Question Analysis

My Perfomance

Score

-

Rank

-

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