PRIVATE AND PUBLIC ENTERPRISES

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

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?

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?