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

Please refer to Private Public and Global Enterprises MCQ Questions Class 11 Business Studies below. These MCQ questions for Class 11 Business Studies with answers have been designed as per the latest NCERT, CBSE books, and syllabus issued for the current academic year. These objective questions for Private Public and Global Enterprises will help you to prepare for the exams and get more marks.

Private Public and Global Enterprises MCQ Questions Class 11 Business Studies

Please see solved MCQ Questions for Private Public and Global Enterprises in Class 11 Business Studies. All questions and answers have been prepared by expert faculty of standard 11 based on the latest examination guidelines.

MCQ Questions Class 11 Business Studies Private Public and Global Enterprises

Question. _________ consists of business owned by individuals or a group of individuals
(a) Public Sector
(b) Private Sector
(c) Service Sector
(d) None of the above

Question. Stages in the formation of a public company are in the following order
(a) Promotion, Incorporation, capital subscription, the commencement of business
(b) Incorporation, Capital of Business, Capital Subscription Commencement of Business, Promotion
(c) Capital Subscription, Promotion, Incorporation, Commencement of Business
(d) Promotion, the commencement of business

Question. Which one of the following is NOT a public sector undertaking?
(a) Partnership
(b) Departmental undertaking
(c) Government companies
(d) Statutory corporation

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

Question. Statutory corporations are ____________
(a) Private enterprises
(b) Sole Proprietorship
(c) Public enterprises
(d) None of the above

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. Steel Authority Of India Limited is a public enterprise. Identify this form of public enterprises
(a) Government Company
(b) Statutory Corporation
(c) Departmental Undertaking
(d) Multinational Company

Question. Which one of the following public sector undertaking is established by passing a special law under Parliament?
(a) Statutory corporation
(b) Partnership
(c) Sole proprietorship
(d) Departmental Undertaking

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. A government company is any company in which the paid-up capital held by the government is not less than
(a) 49 percent
(b) 51 percent
(c) 50 percent
(d) 25 percent

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

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 one of the following public sector undertaking is established by passing a special law under Parliament?
(a) Statutory corporation
(b) Partnership
(c) Sole proprietorship.
(d) Departmental Undertaking

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

Question. The oldest and most traditional form of organising public sector enterprises is:
(a) Statutory corporation
(b) Departmental undertaking
(c) Government companies
(d) Both B and C

Question. All public sector units were referred to _______________, to decide whether a sick unit was to be restructured or closed down.
(a) PSU
(b) MOFA
(c) MoU
(d) BIFR

Question. Which one of the following is not a limitation of the departmental undertakings:
(a) Fail to provide flexibility
(b) Employees are not allowed to take independent decisions
(c) They are unable to take advantage of business opportunities
(d) Government is the only shareholder

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

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. Reconstruction of sick public sector units is taken up by :
(a) MOFA
(b) MOU
(c) BIFR
(d) NRF

Question. These enterprises have their network of operations all over the world     
(a) Public Enterprises
(b) Global Enterprises
(c) Private Enterprises
(d) Mixed Enterprises

Question. Regional balance was a major role of the public sector in changing the Indian Economy. What is the meaning of regional balance?
(a) To provide growth and development to all the regions of the country
(b) To provide growth and development only to the backward regions
(c) To provide growth development to the developed areas of the country
(d) None of these

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

Question. Stages in the formation of a public company are in the following order   
(a) Promotion, Incorporation, capital subscription, the commencement of business
(b) Incorporation, Capital of Business, Capital Subscription Commencement of Business, Promotion
(c) Capital Subscription, Promotion, Incorporation, Commencement of Business
(d) Promotion, the commencement of business

Question. Which one of these was initially a public sector undertaking in the communication industry:
(a) Reliance jio
(b) Airtel
(c) Idea
(d) BSNL

Question. Full form of MNC is:       
(a) More National Corporations
(b) Mining National Corporation
(c) Multi National Corporation
(d) Multi New Corporations

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

Question. Steel Authority Of India Limited is a public enterprise. Identify this form of public enterprises
(a) Government Company
(b) Statutory Corporation.
(c) Departmental Undertaking
(d) Multinational Company.

Question. A government company is any company in which the paid-up capital held by the government is not less than     
(a) 49 percent
(b) 51 percent
(c) 50 percent
(d) 25 percent

Question. A famous joint venture of an Indian car company and a Japanese car company is:     
(a) Morris Garage
(b) Tata Motors
(c) Maruti Suzuki
(d) Ashok Leyland

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