{"id":17818,"date":"2022-05-27T20:00:10","date_gmt":"2022-05-27T14:30:10","guid":{"rendered":"https:\/\/mcq-questions.com\/?p=17818"},"modified":"2022-05-18T15:57:35","modified_gmt":"2022-05-18T10:27:35","slug":"mcq-questions-for-class-11-business-studies-chapter-3","status":"publish","type":"post","link":"https:\/\/mcq-questions.com\/mcq-questions-for-class-11-business-studies-chapter-3\/","title":{"rendered":"MCQ Questions for Class 11 Business Studies Chapter 3 Private, Public and Global Enterprises with Answers"},"content":{"rendered":"

Students who are searching for NCERT MCQ Questions for Class 11 Business Studies Chapter 3 Private, Public and Global Enterprises with Answers Pdf free download are compiled here to get good practice on all fundamentals. Know your preparation level on MCQ Questions for Class 11 Business Studies with Answers<\/a>. You can also verify your answers from our provided Private, Public and Global Enterprises Class 11 MCQs Questions with Answers. So, ace up your preparation with MCQ on Private, Public and Global Enterprises Class 11 Objective Questions.<\/p>\n

Private, Public and Global Enterprises Class 11 MCQs Questions with Answers<\/h2>\n

Question 1.
\nThe minimum number of members to form a public company is
\n(a) 5
\n(b) 21
\n(c) 12
\n(d) 7<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (d) 7<\/p>\n<\/details>\n

\n

Question 2.
\n_________ consists of business owned by individuals or a group of individuals
\n(a) Public Sector
\n(b) Private Sector
\n(c) Service Sector
\n(d) None of the above<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (b) Private Sector<\/p>\n<\/details>\n

\n

Question 3.
\nReconstruction of sick public sector units is taken by
\n(a) BIFR (Board of Industrial and Financial reconstruction
\n(b) MOU (Memorandum of Understanding)
\n(c) FERA (Foreign Exchange Regulation Act)
\n(d) IDBI (Industrial Development Bank of India<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (a) BIFR (Board of Industrial and Financial reconstruction)<\/p>\n<\/details>\n

\n

Question 4.
\nStages in the formation of a public company are in the following order
\n(a) Promotion, Incorporation, capital subscription, the commencement of business
\n(b) Incorporation, Capital of Business, Capital Subscription Commencement of Business, Promotion
\n(c) Capital Subscription, Promotion, Incorporation, Commencement of Business
\n(d) Promotion, the commencement of business<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (a) Promotion, Incorporation, capital subscription, the commencement of business<\/p>\n<\/details>\n

\n

Question 5.
\nDepartmental Undertakings are suitable in case of
\n(a) National security
\n(b) Commercial undertakings
\n(c) Industrial undertakings
\n(d) Infrastructural Facilities<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (a) National security<\/p>\n<\/details>\n

\n

Question 6.
\nWhich one of the following is NOT a public sector undertaking?
\n(a) Partnership
\n(b) Departmental undertaking
\n(c) Government companies
\n(d) Statutory corporation<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (a) Partnership<\/p>\n<\/details>\n

\n

Question 7.
\nIn the industrial policy resolution _____, the Government of India has specified the approach towards the development of the industrial sector.
\n(a) 1956
\n(b) 1948
\n(c) 1932
\n(d) 2009<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (a) 1956<\/p>\n<\/details>\n

\n

Question 8.
\nIndian economy is _________
\n(a) Closed Economy
\n(b) Private Economy
\n(c) Mixed Economy
\n(d) Fully Developed Economy<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (c) Mixed Economy<\/p>\n<\/details>\n

\n

Question 9.
\nPreliminary Contracts are signed
\n(a) After commencement of business business
\n(b) After incorporation but before the capital subscription
\n(c) Before the incorporation
\n(d) After incorporation but before<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (c) Before the incorporation<\/p>\n<\/details>\n

\n

Question 10.
\nStatutory corporations are ____________
\n(a) Private enterprises
\n(b) Sole Proprietorship
\n(c) Public enterprises
\n(d) None of the above<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (c) Public enterprises<\/p>\n<\/details>\n

\n

Question 11.
\nWhich of the following comes under the private sector?
\n(a) Joint Hindu Family
\n(b) Partnership
\n(c) Sole Proprietorship
\n(d) All of the above<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (d) All of the above<\/p>\n<\/details>\n

\n

Question 12.
\nApplication for approval of name of a company is to be made to
\n(a) Government of the State in which Company is to be registered
\n(b) Registrar of Companies
\n(c) SEBI
\n(d) Government of India<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (b) Registrar of Companies<\/p>\n<\/details>\n

\n

Question 13.
\nWhich one of the following is the disadvantage of MNCs?
\n(a) Disregard national Priorities
\n(b) Bringing foreign exchange
\n(c) Improved standard of living
\n(d) Bringing Advanced Technology<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (a) Disregard national Priorities<\/p>\n<\/details>\n

\n

Question 14.
\nSteel Authority Of India Limited is a public enterprise. Identify this form of public enterprises
\n(a) Government Company
\n(b) Statutory Corporation
\n(c) Departmental Undertaking
\n(d) Multinational Company<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (a) Government Company<\/p>\n<\/details>\n

\n

Question 15.
\n________ not been constituted as autonomous or independent institutions and as much are not independent legal entities.
\n(a) MHRD
\n(b) Departmental undertakings
\n(c) Indian Institute of foreign trade
\n(d) All India Ratio<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (b) Departmental undertakings<\/p>\n<\/details>\n

\n

Question 16.
\nWhich one of the following public sector undertaking is established by passing a special law under Parliament?
\n(a) Statutory corporation
\n(b) Partnership
\n(c) Sole proprietorship
\n(d) Departmental Undertaking<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (a) Statutory corporation<\/p>\n<\/details>\n

\n

Question 17.
\nIndian economy consists of ___________
\n(a) Only Government Business
\n(b) Only Private Business
\n(c) Private and Government-owned business
\n(d) None of the above<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (c) Private and Government-owned business<\/p>\n<\/details>\n

\n

Question 18.
\nWhich one of the following is a transnational Enterprise?
\n(a) Coca-Cola, Nestle
\n(b) Coca-Cola
\n(c) Nestle
\n(d) Neither (a) nor (b)<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (a) Coca-Cola, Nestle<\/p>\n<\/details>\n

\n

Question 19.
\nCentralised control in MNC implies control is exercised by
\n(a) Headquarters
\n(b) Branches
\n(c) Subsidiaries
\n(d) Parliament<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (a) Headquarters<\/p>\n<\/details>\n

\n

Question 20.
\nA government company is any company in which the paid-up capital held by the government is not less than
\n(a) 49 percent
\n(b) 51 percent
\n(c) 50 percent
\n(d) 25 percent<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (b) 51 percent<\/p>\n<\/details>\n

\n

Question 21.
\nDepartmental undertakings are financed through
\n(a) Budgetary Allocation
\n(b) Public loans
\n(c) Loans from financial institutions
\n(d) Issue of shares and debentures<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (a) Budgetary Allocation<\/p>\n<\/details>\n

\n

Question 22.
\nExpand MOU(a) Memorandum of Association United
\n(b) Memorandum original Universal
\n(c) Memorandum of Understanding
\n(d) Memorandum of Unity<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (c) Memorandum of Understanding<\/p>\n<\/details>\n

\n

Question 23.
\nA proposed name of a Company is considered undesirable if
\n(a) It resembles closely with of an existing company the name of an existing company
\n(b) It is identical to the name
\n(c) In case of any of the above of India, United Nations, etc.
\n(d) It is an emblem of Government<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (c) In case of any of the above of India, United Nations, etc.<\/p>\n<\/details>\n

\n

Use the above-provided NCERT MCQ Questions for Class 11 Business Studies Chapter 3 Private, Public and Global Enterprises with Answers Pdf free download and get a good grip on the fundamentals. Need any support from our end during the preparation of CBSE Class 11 Business Studies Private, Public and Global Enterprises MCQs Multiple Choice Questions with Answers then leave your comments below. We’ll revert back to you soon.<\/p>\n","protected":false},"excerpt":{"rendered":"

Students who are searching for NCERT MCQ Questions for Class 11 Business Studies Chapter 3 Private, Public and Global Enterprises with Answers Pdf free download are compiled here to get good practice on all fundamentals. Know your preparation level on MCQ Questions for Class 11 Business Studies with Answers. You can also verify your answers …<\/p>\n

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