MCQ Questions Chapter 3 Private Public and Global Enterprises Class 11 Business Studies

Please refer to MCQ Questions Chapter 3 Private Public and Global Enterprises Class 11 Business Studies with answers provided below. These multiple-choice questions have been developed based on the latest NCERT book for class 11 Business Studies issued for the current academic year. We have provided MCQ Questions for Class 11 Business Studies for all chapters on our website. Students should learn the objective based questions for Chapter 3 Private Public and Global Enterprises in Class 11 Business Studies provided below to get more marks in exams.

Chapter 3 Private Public and Global Enterprises MCQ Questions

Please refer to the following Chapter 3 Private Public and Global Enterprises MCQ Questions Class 11 Business Studies with solutions for all important topics in the chapter.

MCQ Questions Answers for Chapter 3 Private Public and Global Enterprises Class 11 Business Studies

Question. The minimum number of members to form a public company is
(a) 5
(b) 21
(c) 12
(d) 7

Question. Reconstruction of sick public sector units is taken by
(a) BIFR (Board of Industrial and Financial reconstruction
(b) MOU (Memorandum of Understanding)
(c) FERA (Foreign Exchange Regulation Act)
(d) IDBI (Industrial Development Bank of India

Question. Departmental Undertakings are suitable in case of
(a) National security
(b) Commercial undertakings
(c) Industrial undertakings
(d) Infrastructural Facilities

Question. In the industrial policy resolution _____, the Government of India has specified the approach towards the development of the industrial sector.
(a) 1956
(b) 1948
(c) 1932
(d) 2009

Question. Preliminary Contracts are signed
(a) After commencement of business business
(b) After incorporation but before the capital subscription
(c) Before the incorporation
(d) After incorporation but before

Question. Which of the following comes under the private sector?
(a) Joint Hindu Family
(b) Partnership
(c) Sole Proprietorship
(d) All of the above

Question. Which one of the following is the disadvantage of MNCs?
(a) Disregard national Priorities
(b) Bringing foreign exchange
(c) Improved standard of living
(d) Bringing Advanced Technology

Question. ________ not been constituted as autonomous or independent institutions and as much are not independent legal entities.
(a) MHRD
(b) Departmental undertakings
(c) Indian Institute of foreign trade
(d) All India Ratio

Question. Indian economy consists of ___________
(a) Only Government Business
(b) Only Private Business
(c) Private and Government-owned business
(d) None of the above

Question. Centralised control in MNC implies control is exercised by
(a) Headquarters
(b) Branches
(c) Subsidiaries
(d) Parliament

Question. Departmental undertakings are financed through
(a) Budgetary Allocation
(b) Public loans
(c) Loans from financial institutions
(d) Issue of shares and debentures

Question. A proposed name of a Company is considered undesirable if
(a) It resembles closely with of an existing company the name of an existing company
(b) It is identical to the name
(c) In case of any of the above of India, United Nations, etc.
(d) It is an emblem of Government

Question. PSE’s are organisations owned by
(a) Joint Hindu family
(b) Government
(c) Foreign Companies
(d) Private entrepreneurs

Question. How many industries are reserved for public sectors : 
(a) 8
(b) 4
(c) 17
(d) 3.

Question. ________ not been constituted as autonomous or independent institutions and as much are not independent legal entities.   
(a) MHRD
(b) Departmental undertakings
(c) Indian Institute of foreign trade
(d) All India Ratio

Question. The funding of departmental undertaking comes from ______and their revenues earned goes to the______: 
(a) RBI
(b) Ministry of Finance
(c) General public
(d) Government treasury

Question. Application for approval of name of a company is to be made to
(a) Government of the State in which Company is to be registered
(b) Registrar of Companies
(c) SEBI
(d) Government of India

Question. What is the full form of PPP model:
(a) Public Private Partnership
(b) Public Personal Partnership
(c) Personal Public Partnership
(d) Private Public Program

Question. When two business agree to join together for a common purpose and mutual benefit it is called as a:
(a) Joint stock company
(b) Joint venture
(c) Joint business
(d) None of these

Question. Punjab National Bank is related to which sector :     
(a) Mixed
(b) Private
(c) Public
(d) None of these.

Question. Which of the following enterprises may benefit the most by an established brand name at the time of incorporation?
(a) Departmental Undertaking
(b) Government Company
(c) Statutory corporations
(d) Joint Venture

Question. _______is an example of a statutory corporations:
(a) Post and telegraph department
(b) SBI
(c) SAIL
(d) ONGC

Question. Who is Owner of PSU’s :     
(a) JHF
(b) Government
(c) Foreign companies
(d) Private company.

Question. Which one of the following is a transnational Enterprise?   
(a) Coca-Cola, Nestle
(b) Coca-Cola
(c) Nestle
(d) Neither (a) nor (b)

Question. Private company is related to which sector:
(a) Mixed
(b) Public
(c) Private
(d) Government

Question. Which among these is a limitation of Government company:
(a) Not answerable directly to the Parliament
(b) The management and administration is in the hands of the government
(c) The Government is the only shareholder in some of the companies
(d) All of these

Question. MNCs are characterized by their:
(a) Huge size
(b) Large number of products
(c) Marketing strategies
(d) All of these

Question. Expand MOU           
(a) Memorandum of Association United    
(b) Memorandum original Universal
(c) Memorandum of Understanding
(d) Memorandum of Unity

Question. _______ is an example of a Departmental Undertaking:
(a) ONGC
(b) SAIL
(c) Indian Railways
(d) State Bank of India

Question. The employees of statutory corporations are not governed by the government:
(a) True
(b) False
(c) True, they are governed by the RBI
(d) False, the are governed by the State Government

Question. In the industrial policy resolution _____, the Government of India has specified the approach towards the development of the industrial sector.   
(a) 1956
(b) 1948
(c) 1932
(d) 2009

Question. The employees of departmental undertakings are headed by:
(a) Indian Administrative Service officers
(b) Civil servants transferable from one ministry to another
(c) RBI
(d) Both A and B

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