Government Company and Its Features

Q. The industries reserved by the public sector are atomic energy, and rail transport.

1. communication
2. mining
3. infrastructure
4. arms

Q. In the Industrial Policy of 1956, there were industries reserved exclusively for public sector.

1. 22
2. 18
3. 20
4. 17

Q.

Who are the First Directors of the company?

Q.

Write the merits of government companies.

Q.

A government company is any company in which the paid up capital held by the government is not less than

1. 50 per cent

2. 25 per cent

3. 49 per cent

4. 51 per cent

Q.

Public Sector Enterprises are organisations owned by _____________.

1. Joint Hindu Family

2. Government

3. Foreign Companies

4. Private entrepreneurs

Q.

Explain the steps to be taken for incorporation of a company.

Q.

In 2001, only three industries were reserved exclusively for the pulic sector. Name these industries.

Q.

Application for approval of name of a company is to be made to Registrar of Companies.

1. SEBI

2. Government of India

3. Government of the State in which Company is to be registered

4. Registrar of Companies

Q.

What is the main objective of Public sector enterprises?

1. Providing services to the public

2. Providing financial assistance

3. All of the above

4. Earning profits

Q.

Public sectors are owned and managed by:

1. Central government

2. Both A & B

3. State government

4. None of the above

Q.

Which form of public sector bought into existence by a special act of the parliament?

Q.

Identify the form of public sector enterprise in the following cases:

(a) This is the oldest and traditional form of public enterprise.

(b) Special act of the parliament brings this public enterprise into existence.

(c) Minimum 51% of the paid up capital is held by Government.

Q.

What are the different kinds of organisations that come under the public sector?

Q. Write about the contribution of public sector to the economic development of India.

Q.

Name the company in which at least 51% shares are kept by government.

Q.

The board of directors of a joint stock company is elected by

(a) General public

(b) Government bodies

(c) Shareholders

(d) Employees

Q.

___________ consists of business owned by individuals or a group of individuals.

1. Service Sector

2. Public Sector

3. Private Sector

4. None of these

Q.

Social welfare is the objective of ___ sector.

1. Private

2. Public

3. Both A & B

4. None of the above

Q.

Indian economy consists of ___________.

1. Only Private Business

2. Only Government Business

3. Private and Government owned business

4. None of these

Q.

ZYX Ltd. deals in health drinks. It is found that there are components of pesticides in their drinks. Mention which 2 kinds of responsibilities and 2 values are missing from this approach.

Q. A government company is managed by the , who are nominated by the government and other shareholders.

1. ministry
2. parliament
3. Board of Directors
4. state officials

Q.

State three features of a departmental undertaking.

Q. A government company is any company in which the paid up capital help by government is not less than .

1. 49%
2. 50%
3. 51%
4. 52%

Q.

Indian economy is _________.

1. Private Economy

2. Fully Developed Economy

3. Closed Economy

4. Mixed Economy

Q.

BHEL is ____________.

1. a Private Sector Enterprise

2. an MNC

3. a Government Company

4. None of the above

Q.

What is the full form of PSU?

Q.

Identify and explain the objectives of business in the following statements

(a) Mrs. Suman, the owner of Start Coaching Institute teaches the poor children for free.

(b) HP comes out with latest Calling Tablet.

(c) Employer contributing to NPS (New Pension Company) to his employee.

Q.

Adhaya limited, a famous group of promoters gets a contract of promoting a toy manufacturing company. Discuss in brief the steps which are required to be followed to form a toy manufacturing company ( Public Limited Company).

Q.

What is meant by prospectus?