Public, Private and Global Enterprises

Topics in this chapter

• Public Sector Objectives
• Departmental Undertakings
• Statutory Corporations
• Government Companies
• Global Enterprises and MNCs
• Joint Ventures and PPP

Cheat sheet

Practice questions

1. Question 1Q-A0347B

   Which form of public sector enterprise is established under a special Act of Parliament or State Legislature and is financially independent with a separate legal entity?

   1. A.Departmental Undertaking
   2. B.Statutory Corporation
   3. C.Government Company
   4. D.Sole Proprietorship
   See the answer and solution
2. Question 2Q-9A6D5C

   Indian Railways is a classic example of which form of public sector enterprise organization?

   1. A.Statutory Corporation
   2. B.Government Company
   3. C.Departmental Undertaking
   4. D.Joint Venture
   See the answer and solution
3. Question 3Q-BF917E

   According to the Indian Companies Act, a Government Company is defined as any company in which the paid-up share capital held by the Central Government, or State Government(s), or partly by Central and partly by State Governments is not less than:

   1. A.49 percent
   2. B.50 percent
   3. C.51 percent
   4. D.74 percent
   See the answer and solution
4. Question 4Q-CAD2E5

   State the primary distinction between a Departmental Undertaking and a Statutory Corporation regarding their formation and legal status.

   See the answer and solution
5. Question 5Q-E002CE

   Which of the following features is not typically associated with Global Enterprises (Multinational Corporations)?

   1. A.Huge capital resources
   2. B.Centralized control from the home country
   3. C.Operations restricted to a single domestic market
   4. D.Advanced technology and professional management
   See the answer and solution