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12 questions
The oldest form of organisation of public enterprises
Statutory corporation
Departmental undertakings
Government company
Multi- national corporation
Steel authority of india limited(SAIL) is an example of
Dis-investments of PSE's implies
Closing down operations
Investing in new areas
Sale of equity shares to private sector/public
Buying shares of PSE's
The paid up capital held by government in government company is not less than
49%
54%
51%
50%
Which form of public enterprise is most suitable when national security is concerned?
Public enterprises are owned by public
True
False
In whose name the shares of the government company are purchased?
A government company enjoys maximum autonomy.
True
False
Which of the following is true about statutory corporation?
Statutory corporations are public enterprises which come into existence by a special act of parliament.
Statutory corporations are subject to same accounting and audit rules as applicable to other government departments.
Statutory corporations are funded directly by government treasury.
A public enterprise deals in manufacturing of engineering goods and compete with private sector enterprises in order to achieve higher profits. It is a public sector enterprise in which government of India held 80% of paid up share capital and it is registered as per company act,1956. Which type of public sector enterprise is discussed above?
Statutory corporations don't need not follow the Companies Act 1956.
True
False
Food corporation of India was established through special act passed in parliament in 1964 with the objective to create buffer stocks of food like wheat, rice, etc. for emergency situations like drought, flood famines, etc. Which type of public sector enterprise is discussed above?
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