Departmental Undertakings and Its Features
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'Indian Railway' is a part of Railways Ministry. It is organised, financed and controlled by Railway Ministry. The finances are allocated from government treasury and whatever revenue it earns is deposited to government treasury only. It is treated as a part of government and even the appointment, recruitment, and selection of employees is done in the same way as that of civil servant.
Choose the correct answer combinations for following questions:
(a) Name the type of public sector enterprise railways is considered.
(b) What is the status of employees working in railways?
(c) How does it get its finance?
(d) What does it do with its revenue?
(a) Departmental undertaking.
(b) They are considered civil servants or government employees.
(c) From government treasury.
(d) It is deposited in the government treasury.
(a) Departmental undertaking.
(b) They are regular employees of a company.
(c) From government treasury.
(d) It is deposited in the government treasury.
None of these
(a) Statutory corporation.
(b) They are considered civil servants or government employees.
(c) From their own treasury.
(d) It is deposited in their own treasury.
Name the organisation formed by passing a special act of the parliament.
State different types of public sector enterprises.
What is the meaning of loco pilot
List the different types of public sector enterprises.
Departmental Undertaking
Statutory Corporation
Government Company
Joint Venture
Write the merits of departmental undertakings.
Write a short note on public sector and private sector.
Define the concept of the oldest and traditional form of organising public sector enterprises.
Which form of public sector enterprises is most suitable when national security is concerned?
How would flexibility in labour laws help companies?
Which of the following is an example of Departmental undertakings?
Railway
Air India
All of these
Post and Telegraph Department
Mention any two forms of organising public sector enterprises.
In which type of public enterprises, control lies in the hands of the concerned ministry?
Give full form of NSIC.
Departmental enterprises are established as departments of the ministry and are considered part or an extension of the ministry itself.
False
True
Write the features of departmental undertakings.
It was Radcliffe Committee in 1920-21, headed by British railway economist William Radcliffe, which decided a seaprate budget for the Railways.
True
False
(a) Name the type of public sector enterprise railway is considered as.
(b) What is the status of employees working in railways?
(c) How does it get its finance?
(d) What does it do with its revenue?
1. Indian Railways runs 12, 617 trains to carry over 23 million passengers daily.
2. Railways play a vital role in helping the people in the event of natural calamtities like droughts, floods, famines, earthquakes etc.
Which of the above statements is correct?
Neither of the statements is correct
Only statement 1 is correct
Both statements 1 and 2 are correct
Only statement 2 is correct
- true
- false
Demerits of Departmental organization.
- Post offices
- Both A & B
- None of the above
- Railways
(a) Management and Control
(b) Availing business opportunities
(c) Revenue sharing
(d) CAG Audit
(e) Appointment and status of employees
- True
- False