Here are 30 multiple-choice questions (MCQs) with answers based on the chapter "Private, Public, and Global Enterprises" from Business Studies:
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### 1. Which of the following is a feature of private sector enterprises?
A. Owned and controlled by the government
B. Profit-oriented
C. Funded by taxes
**Answer: B. Profit-oriented**
### 2. A government company is defined as any company in which the government owns at least:
A. 25% of shares
B. 51% of shares
C. 75% of shares
**Answer: B. 51% of shares**
### 3. Which of the following is an example of a public sector enterprise in India?
A. Tata Steel
B. Indian Oil Corporation
C. Infosys
**Answer: B. Indian Oil Corporation**
### 4. Which of the following is NOT a feature of a public sector enterprise?
A. Owned by the government
B. Profit is the sole objective
C. Public accountability
**Answer: B. Profit is the sole objective**
### 5. In which type of enterprise is ownership and management typically separated?
A. Private company
B. Public sector enterprise
C. Joint Hindu Family business
**Answer: B. Public sector enterprise**
### 6. Which form of enterprise allows for foreign direct investment (FDI)?
A. Only public sector enterprises
B. Only private sector enterprises
C. Both public and private sector enterprises
**Answer: C. Both public and private sector enterprises**
### 7. The term 'global enterprise' refers to:
A. Small local businesses
B. Multinational corporations (MNCs)
C. Government-controlled companies
**Answer: B. Multinational corporations (MNCs)**
### 8. What is the primary objective of public sector enterprises?
A. Profit maximization
B. Social welfare
C. Market competition
**Answer: B. Social welfare**
### 9. Which of the following is an example of a global enterprise?
A. Reliance Industries
B. Walmart
C. State Bank of India
**Answer: B. Walmart**
### 10. Which type of enterprise is characterized by operations in multiple countries?
A. Private enterprise
B. Public enterprise
C. Global enterprise
**Answer: C. Global enterprise**
### 11. The major source of funding for public sector enterprises is:
A. Shareholders' equity
B. Government grants and taxes
C. Bank loans
**Answer: B. Government grants and taxes**
### 12. Which of the following is a benefit of public sector enterprises?
A. Focus on profitability
B. Greater social responsibility
C. Flexibility in decision-making
**Answer: B. Greater social responsibility**
### 13. A government company is incorporated under which act?
A. Indian Companies Act, 1956
B. Indian Partnership Act, 1932
C. Factories Act, 1948
**Answer: A. Indian Companies Act, 1956**
### 14. What is the primary goal of private sector enterprises?
A. Maximizing profits
B. Providing public services
C. Ensuring economic equality
**Answer: A. Maximizing profits**
### 15. Which of the following is an example of a joint venture between a public and private company in India?
A. Maruti Suzuki
B. Bharat Heavy Electricals Limited (BHEL)
C. Hindustan Unilever Limited
**Answer: A. Maruti Suzuki**
### 16. Which type of enterprise is primarily driven by consumer demand and market competition?
A. Public sector enterprise
B. Private sector enterprise
C. Cooperative enterprise
**Answer: B. Private sector enterprise**
### 17. What is the major advantage of global enterprises?
A. Limited competition
B. Access to international markets
C. Government support
**Answer: B. Access to international markets**
### 18. Which of the following is a limitation of public sector enterprises?
A. Flexibility in operations
B. Excessive government interference
C. High profitability
**Answer: B. Excessive government interference**
### 19. What is the characteristic of multinational corporations (MNCs)?
A. Operates in one country
B. Operates in multiple countries
C. Funded only by the government
**Answer: B. Operates in multiple countries**
### 20. The process of transferring ownership of public sector enterprises to the private sector is known as:
A. Nationalization
B. Liberalization
C. Privatization
**Answer: C. Privatization**
### 21. Which of the following is an example of a private sector enterprise in India?
A. Hindustan Aeronautics Limited
B. Tata Motors
C. National Thermal Power Corporation (NTPC)
**Answer: B. Tata Motors**
### 22. What is the primary objective of multinational corporations (MNCs)?
A. Social welfare
B. Maximizing global market share and profits
C. Maintaining domestic market operations
**Answer: B. Maximizing global market share and profits**
### 23. Which type of enterprise is typically more efficient due to reduced bureaucracy?
A. Public sector enterprise
B. Private sector enterprise
C. Joint sector enterprise
**Answer: B. Private sector enterprise**
### 24. Public sector enterprises play a major role in:
A. Controlling inflation
B. Developing infrastructure
C. Supporting private sector companies
**Answer: B. Developing infrastructure**
### 25. A key disadvantage of multinational corporations (MNCs) in host countries is:
A. Generation of employment
B. Exploitation of resources
C. Transfer of technology
**Answer: B. Exploitation of resources**
### 26. Which of the following is an example of a global enterprise in the IT sector?
A. Google
B. Indian Oil Corporation
C. Tata Power
**Answer: A. Google**
### 27. What is the major benefit of joint sector enterprises?
A. Total control by the government
B. Combination of public and private sector expertise
C. Profit distribution only to the government
**Answer: B. Combination of public and private sector expertise**
### 28. Which of the following is a characteristic of public sector enterprises?
A. Limited liability
B. Transparency and public accountability
C. No government involvement
**Answer: B. Transparency and public accountability**
### 29. The expansion of private enterprises in a liberalized economy leads to:
A. Increased government control
B. Greater competition and innovation
C. Reduced employment opportunities
**Answer: B. Greater competition and innovation**
### 30.
In a joint venture, the partners can be:
A. Only public companies
B. Private and public enterprises
C. Only foreign companies
**Answer: B. Private and public enterprises**
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