Public Private and Global Enterprises Quiz-2

Public Private and Global Enterprises Quiz-2

Quiz

 

1. There are ______forms of public sector enterprises:
   1.   5
   2.   6
   3.   3
   4.   4
2. Which one of these was initially a public sector undertaking in the communication industry:
   1.   Reliance jio
   2.   Airtel
   3.   Hutch
   4.   BSNL
3. In 1991, the number of PSUs were reduced from 17 to _____:
   1.   8
   2.   12
   3.   9
   4.   6
4. If a public sector was making losses continuously, it was referred to the__________ for complete overhauling or shut down:
   1.   Board for Industrial and Financial Reconstruction
   2.   Reserve Bank of India
   3.   Private sector
   4.   Government
5. The Industrial Policy Resolution took place in the year:
   1.   1991
   2.   1947
   3.   1956
   4.   1963
6. A famous joint venture of an Indian car company and a Japanese car company :
   1.   Morris Garage
   2.   Tata Motors
   3.   Maruti Suzuki
   4.   Ashok Leyland
7. ABC ltd. was incurring high cost of production, the directors then decided to form a joint venture with PQR ltd that the cost of production becomes low, by entering into a joint venture what other benefits will ABC ltd and PQR ltd receive:
   1.   Access to new markets and distribution network
   2.   Established brand name
   3.   Access to technology
   4.   All of these
8. Departmental undertakings are considered as a part or an extension of its _______:
   1.   Holding company
   2.   Ministry
   3.   State government
   4.   Municipal corporation
9. A Contractual Joint Venture is one in which:
   1.   Two companies come together and form a new company
   2.   No new company is formed there is only an agreement between two existing companies to work together
   3.   Parties share ownership of business
   4.   The relationship among the parties is transaction to transaction
10. Statutory Corporations are_________for their financial resources:
    1.   Dependant on the government
    2.   Dependent on the RBI
    3.   Independent
    4.   None of the above
11. Which of the following is a merit of a departmental undertaking:
    1.   Facilitate the Parliament to exercise effective control over their operations
    2.   Act as a source of income for the Government
    3.   Ensure a high degree of public accountability
    4.   All of these
12. Departmental undertakings do not provide adequate services to the______:
    1.   Customers
    2.   Investors
    3.   Employees
    4.   Government
13. A corporate body created by the legislature with defined powers and functions and is financially independent:
    1.   Statutory corporations
    2.   Government Companies
    3.   Both of the above
    4.   Joint ventures
14. _______is an example of a statutory corporations:
    1.   Post and telegraph department
    2.   SBI
    3.   SAIL
    4.   ONGC
15. Regional balance was a major role of the public sector in changing the Indian Economy. What is the meaning of regional balance?
    1.   To provide growth and development to all the regions of the country
    2.   To provide growth and development only to the backward regions
    3.   To provide growth development to the developed areas of the country
    4.   None of these
16. The auditor of a Government Company is appointed by the ________:
    1.   RBI
    2.   ICAI
    3.   Central Government
    4.   None of these
17. The employees of departmental undertakings are headed by:
    
    1.   Indian Administrative Service officers
    2.   Civil servants transferable from one ministry to another
    3.   Both of the above
    4.   RBI
18. Which of the following is a merit of a Statutory Corporation:
    1.   It has a separate legal entity, apart from the Government
    2.   They are able to control the market and curb unhealthy business practices.
    3.   They enjoy independence in their functioning and a high degree of operational flexibility
    4.   The revenue earned by the enterprise goes directly to the treasury of its ministry
19. In 2001, the area that was reserved for the public sector were:
    1.   Atomic energy
    2.   Arms
    3.   Railway
    4.   All of the above
20. Departmental undertakings act through the ______ of the government:
    1.   Officers
    2.   Employees
    3.   Agent
    4.   citizens