Public Private and Global Enterprises Quiz-3

Public Private and Global Enterprises Quiz-3

Quiz

 

1. In your neighbourhood market, there are shops owned by sole proprietors or big retail organisations run by a company. They belong to which sector?
   1.   Public
   2.   Private
   3.   Social
   4.   Mixed
2. An enterprise having huge capital, huge turnover and its branches are spread all over the country. What do we call such kind of enterprises?
   1.   Joint venture
   2.   Global enterprise
   3.   Large corporation
   4.   Huge company.
3. What do we call a company formed as the result of an agreement between two businesses in different countries?
   1.   Partnership
   2.   Joint venture
   3.   Mixed company
   4.   MNC
4. _____________ form of PSU has the greatest autonomy.
   1.   Departmental Undertakings
   2.   Public Corporation
   3.   Government Company
   4.   None of these
5. A Public Sector Company is incurring heavy losses and govt. proposes for closing the same. Which term is related to this statement?
   1.   Disinvestment
   2.   Privatisation
   3.   Demonetisation
   4.   Socialisation.
6. Govt. has given autonomy to a PSU to improve its performance but held it accountable for specified results under an agreement. What is this agreement called?
   1.   MoA
   2.   AoA
   3.   MoU
   4.   GoU
7. Which of the following is not a challenge faced by public enterprises?
   1.   Political interference.
   2.   Bureaucracy.
   3.   Lack of managerial autonomy.
   4.   Competition from private enterprises.
8. Indian economy is a ____________ kind of economy.
   1.   Global
   2.   Mixed
   3.   Capitalist
   4.   Socialist.
9. Which PSU was the first to be privatised successfully in India?
   1.   LJMC
   2.   GAIL
   3.   ONGC
   4.   BHEL
10. Where national security is concerned............................... is the best form of the
    1.   Private Company
    2.   Public Company
    3.   Departmental Undertaking
    4.   None of these
11. Which is the oldest and most traditional form of organising public enterprises?
    1.   Statutory Corporation
    2.   Public company
    3.   Government company
    4.   Departmental Undertaking.
12. An organisation is working for the purpose of public welfare as a ministry of government. It is financed by govt. and all its income is deposited in govt. treasury. Identify which kind of public sector enterprise is it.
    1.   Partnership
    2.   Departmental undertaking
    3.   Sole proprietorship
    4.   Company
13. Govt. of India establishes its enterprises in backward areas. By doing this which objective is fulfilled?
    
    1.   Economies of scale
    2.   Regional balance
    3.   Development of Infrastructure
    4.   Import substitution
14. ___________type of PSU’s has the highest degree of political interference.
    1.   Public Corporation
    2.   Departmental Undertaking
    3.   Government Company
    4.   None of these
15. Which of the following is not an objective of PSUs?
    1.   Development of infrastructure
    2.   Import substitution
    3.   Profit maximisation
    4.   Regional balance
16. Airtel and______________ enter into the joint venture in 2005 to provide telecom services in India.
    1.   Idea
    2.   Bharti
    3.   Telenor
    4.   None of these
17. Which policy was launched by Govt. of India in 1991?
    1.   JPG
    2.   GST
    3.   LPG.
    4.   MPG
18. Which of these industries is not reserved for public sector?
    1.   Atomic energy
    2.   Air transport
    3.   Arms
    4.   Rail transport.
19. Global enterprises usually enter into agreements with Indian companies pertaining to sale of technology, production of goods; use of brand names for the final products, etc. What is the technical term used for such kind of partnerships?
    1.   Foreign collaboration
    2.   Global enterprise
    3.   Combined corporation
    4.   Partnership Company
20. In India, Railways is an organisation wholly owned and managed by the ___________.
    1.   Reliance
    2.   Tata
    3.   Government
    4.   Railway department.