MCQs For NCERT Class 11 Business Studies Chapter 3 Private Public and Global Enterprises

Please refer to the MCQ Questions for Class 11 Business Studies Chapter 3 Private Public and Global Enterprises with Answers. The following Private Public and Global Enterprises Class 11 Business Studies MCQ Questions have been designed based on the latest syllabus and examination pattern for Class 11. Our experts have designed MCQ Questions for Class 11 Business Studies with Answers for all chapters in your NCERT Class 11 Business Studies book.

Private Public and Global Enterprises Class 11 MCQ Questions with Answers

See below Private Public and Global Enterprises Class 11 Business Studies MCQ Questions, solve the questions and compare your answers with the solutions provided below.

Question. Which of the following industries was de-reserved in 1993?
(a) Atomic energy
(b) Atopic minerals
(c) Mining of copper and zinc
(d) Railways

Question. The main document of a Government Company is:
(a) Memorandum of Association
(b) Articles of Association
(c) Prospectus
(d) Both A and B

Question. Indian food corporation comes under which form of organization :
(a) Department
(b) Government company
(c) Private
(d) None of these

Question. Electric power plants required huge investments for setting up, which was only possible by making it a public sector enterprise because only government could fulfil the demand of huge investments, which changing role of PSUs do you think is applied here:
(a) Development of infrastructure
(b) Economies of scale
(c) Import substitution
(d) Regional balance

Question. Indian economy is _________
(a) Closed Economy
(b) Private Economy
(c) Mixed Economy
(d) Fully Developed Economy

Question. LIC is the example of
(a) Departmental undertaking
(b) Statutory corporation
(c) Govt. Company
(d) Private company

Question. Public enterprises are financed by ________.
(a) Government
(b) Private businessman
(c) Political leaders
(d) None of these

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. When two Business undertaking get united in order to share profit and common objective, then it is called :
(a) MNC’s
(b) Company
(c) Partnership
(d) Joint venture

Question. Why was development of infrastructure was possible by the public sector:
(a) Because it needed huge resources
(b) Private sector could not make huge investments
(c) Private sector could not provide trained personnel
(d) All of these

Question. Canara Bank is example of which sector:
(a) Mixed
(b) Public
(c) Private
(d) None of these

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

Question. Which bank is related to private sector :
(a) Allahabad Bank
(b) Punjab Sindh Bank
(c) Canara Bank
(d) Oriental Bank of Commerce

Question. Which of the following is not a Maha-Ratna industry?
(a) GAIL
(b) Coal India Limited
(c) SAIL
(d) Airports Authority of India

Question. According to the Indian Companies Act 1956, a government company means, any company in which not less than _______________ of the paid up capital is held by the central government or partly by central government, and partly by one or more state governments.
(a) 100 percent
(b) 91 percent
(c) 75 percent
(d) 51 percent

Question. A corporate body created by the legislature with defined powers and functions and is financially independent:
(a) Statutory corporations
(b) Joint ventures
(c) Government Companies
(d) Both A and C

Question. Which of the following is limitation of the statutory corporations:
(a) Delay in action
(b) Presence of corruption in the functioning
(c) Government and political interference
(d) All of these

Question. If a public sector was making losses continuously, it was referred to the__________ for complete overhauling or shut down:
(a) Board for Industrial and Financial Reconstruction
(b) Reserve Bank of India
(c) Private sector
(d) Government

Q6: Disinvestment of Public Sector Enterprises implies
(a) Buying share
(b) Closing down operations 
(c) Investing in new areas 
(d) Sale of equity shares to private sector/public

Question. Which company having business operation in more than one country:-
(a) Multinational Company
(b) Departmental Undertaking
(c) Statutory Corporation
(d) Government Company

Question. Which of the following was not an objective of the 1956 industrial policy?
(a) Development of cooperative sector
(b) Expansion of public sector
(c) Develop heavy and machine making industries
(d) None of the above

Fill in the Blanks:

Question. Global enterprises operate through a network of ______________ , branches and affiliates in host countries. 

Question. MNC’s are in a position to exercise massive control on the world economy because of their ______________ resources. 

Question. A business agreement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task is referred to as ______________ 

Question. The Public sector consists of various organizations owned and managed by the ____________ . 

Question. Sole proprietorship is an example of ______________ sector. 

True and False:

Question. MNC’s do not have aggressive marketing strategies in order to increase the sales in a short period.

Question. A public company necessarily is a public sector organization.

Question. Top 200 MNC’s control over quarter of the world economy.

Question. A government approval is required to be able to form a Joint Venture in case a party to the venture is a foreigner or an NRI.

Question. MNC’s concentrate more on selling consumer goods which are always desirable for developing countries.

Match the following:

Question. Math the following with appropriate terms:

A	B
1. The organization owned by individuals or group of individuals	(a) Departmental undertaking
2. Indian Economy	(b) SAIL
	(c) Private sector
	(d) Mixed economy

Question. Match the following

A	B
1. Public sector	(a) Joint hindu family business
2. Private Sector	(b) Mixed Economy
	(c) Departmental undertaking

Question. match the following industrial policy with their objectives:

A	B
1. Industrial policy resolution 1948	(a) Disinvestment
2. Industrial policy 1991	(b) Profit
	(c) Define the role of private and public sector

Question. match the following with their objectives given in column B

A	B
1. Private sector	(a) Mixed Economy
2. Public sector	(b) Define the role of private and public sector
	(c) Profit
	(d) Accelerate the rate of economic growth and industrialisation