Check the below NCERT MCQ Class 11 Business Studies Chapter 3 Private Public and Global Enterprises with Answers available with PDF free download. MCQ Questions for Class 11 Business Studies with Answers were prepared based on the latest syllabus and examination pattern issued by CBSE, NCERT and KVS. Our teachers have provided below Private Public and Global Enterprises Class 11 Business Studies MCQs Questions with answers which will help students to revise and get more marks in exams
Private Public and Global Enterprises Class 11 Business Studies MCQs Questions with Answers
Refer below for MCQ Class 11 Business Studies Chapter 3 Private Public and Global Enterprises with solutions. Solve questions and compare with the answers provided below.
Question. Which among these are the major reforms in the PSUs made in the new Industrial Policy in 1991:
(a) Protecting the interest of workers
(b) Closing down the PSUs which cannot be revived
(c) Restructure and revive potentially viable PSUs
(d) All of these
Answer
D
Question. Which one of the following is the disadvantage of MNCs?
(a) Disregard national Priorities
(b) Bringing foreign exchange
(c) Improved standard of living
(d) Bringing Advanced Technology
Answer
A
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
Answer
B
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
Answer
B
Question. Departmental undertakings are financed through
(a) Budgetary Allocation.
(b) Public loans
(c) Loans from financial institutions.
(d) Issue of shares and debentures.
Answer
A
Question. What step did government took for the growth and development of the backward areas after independence:
(a) Four food based industries were set up in backward areas
(b) Two coal mines were set up in the backward regions
(c) Four steel plants were set up in the backward regions
(d) None of these
Answer
C
Question. The Industrial Policy Resolution took place in the year:
(a) 1991
(b) 1947
(c) 1956
(d) 1963
Answer
C
Question. Statutory corporations are ____________
(a) Private enterprises
(b) Sole Proprietorship
(c) Public enterprises
(d) None of the above
Answer
C
Question. Government companies have ________ status.
(a) legal
(a) artificial
(a) natural
(a) None of the above
Answer
A
Question. Which among these is a benefit derived from a joint venture of both of the companies:
(a) Increased resources and capacity
(b) Established brand name
(c) Access to technology
(d) All of the above
Answer
D
Question. Which is not private undertaking :
(a) Partnership
(b) Departmental undertaking
(c) Joint stock company
(d) Sole trade.
Answer
B
Question. Atleast ________ of the capital of Government company is held by the Government.
(a) 51%
(b) 71%
(c) 95%
(d) None of these
Answer
A
Question. Which is Japanese MNC :
(a) Sony
(b) Pepsi
(c) Ponds
(d) Wipro.
Answer
A
Question. Which of the following comes under the private sector?
(a) Joint Hindu Family
(b) Partnership
(c) Sole Proprietorship
(d) All of the above
Answer
D
Question. Which one of the following is NOT a public sector undertaking?
(a) Partnership
(b) Departmental undertaking
(c) Government companies
(d) Statutory corporation
Answer
A
Question. _______ came under the 8 PSUs in 1991:
(a) Food industry
(b) Atomic energy industry
(c) Clothing industry
(d) Design industry
Answer
B
Question.Multinational corporations have a network of subsidiaries in ________.
(a) several countries
(b) home country
(c) state only
(a) None of these
Answer
A
Question. Which industry is not reserved for public sector :
(a) Sugar industry
(b) Nuclear energy
(c) Weapons
(d) Rail transport
Answer
A
Question. Private enterprises invest their funds in ________
(a) Any area
(b) areas where return is maximum
(c) any area
(d) Secures money for long term with minimum risk
Answer
B
Question. Disinvestments of PSE’s implies
(a) Investing in new areas
(b) Closing down private sector/public operations
(c) Sale of equity shares
(d) Buying shares PSE’s
Answer
C
Question. Public sector enterprise is owned, managed and controlled by the ________.
(a) Individuals
(b) Government
(c) Board of directors
(d) None of these
Answer
B
Fill in the Blanks:
Question. Public sector can be classified into ______________ divisions.
Answer
three
Question. “ MNC’S have their headquarters in their home country and exercise control over all branches and subsidiaries”. Name these feature______________ .
Answer
Centralised control
Question. These kinds of businesses are typically found in transport infrastructure such as highways, airports, railroad, hospital etc. Such businesses are often formed as ______________.
Answer
Public Private Partnership
Question. Huge investment which only global enterprises can afford is ______________ research.
Answer
qualitative
Question. The agreement in a partnership is referred to as a Partnership Deed while that in a Joint Venture is referred to as a/an ______________
Answer
Memorandum of Understanding
True and False:
Question. Public enterprises are owned by public.
Answer
False
Question. The private sector consists of business owned by individuals or a group of individuals.
Answer
True
Question. A joint venture may be the result of an agreement between businesses in different countries.
Answer
True
Question. Indian economy is a mixed economy.
Answer
True
Question. the branches of Global Enterprises are also called majority owned foreign affiliates.
Answer
True
Question. The main objectives of public sector is to accelerate the rate of economic growth and industrialization.
Answer
True
Match the following:
Question. identify the features of MNC on the basis of the following.
A | B |
1. Investors and banks of the host country are willing to invest in them | (a) Product innovation |
2. Global enterprise usually enter into agreements with Indian c ompanies pertaining to the sale of technology,production of goods etc. | (b) Marketing strategies |
(c) Advance technology | |
(d) Huge capital resources | |
(e) Foreign collaboration |
Answer
1-(d), 2-(a)
Question. Match the following with the appropriate features.
A | B |
1. The products produced are able to conform to international standards and quality specifications . | (a) Foreign collaboration |
2. Qualitative research requires huge investment which only global enterprises can afford. | (b) Advanced Technology |
(c) Product innovation | |
(d) Huge Capital resources |
Answer
1-(b), 2-(d)
Question. Match the following with the appropriate options:
A | B |
1. Huge industrial organisations which extend their industrial and marketing operations through a network of their branches in several countries. | (a) Departmental Undertaking |
2. Even investors and banks of the host country are willing to invest in Global enterprises because of this feature. | (b) Global enterprises |
(c) Statutory Corporations. | |
(d) Huge capital resources |
Answer
1-(b), 2-(d)
Question. Match the following with the appropriate terms:
A | B |
1. The business organization owned and managed by the government. | (a) Global enterprises |
2. The business enterprises which operate in more than one country. | (b) Public sector |
(c) Joint Venture | |
(d) Private sector |
Answer
1-(b), 2-(a)
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