Public Corporations Quiz

What is a public corporation?

• A privately owned business

• A government-owned establishment providing essential services

• A non-profit organization run by private entities

• A cooperative society owned by the public

Which of the following is NOT a reason for setting up public corporations?

• To provide employment opportunities

• To prevent exploitation by private enterprises

• To support only profitable ventures

• To raise the standard of living of the people

What is one of the primary purposes of public corporations?

• To maximize profits for shareholders

• To provide services at affordable prices

• To compete with private businesses

• To replace all private enterprises

Who is the overall political head of a public corporation?

• The chairman

• The minister

• The managing director

• The board of directors

What role does the chairman play in a public corporation?

• Manages daily operations

• Supervises the board and provides policy direction

• Advises the minister on policies

• Oversees specific departmental activities

What is the role of the managing director in a public corporation?

• Handles policy formulation

• Executes corporate policies and manages daily administration

• Acts as the political head of the corporation

• Provides legal oversight for the corporation

Which of the following is an example of a service provided by public corporations?

• Formulating government policies

• Providing water and electricity

• Conducting private business deals

• Hosting cultural events

What is the key difference between public corporations and civil service?

• Public corporations focus on profit-making while civil services do not

• Public corporations provide essential services, while civil service formulates policies

• Civil service is managed by a chairman, while public corporations are managed by ministers

• Public corporations take longer to make decisions than civil services

Who manages the civil service?

• Board of directors

• General manager

• Director-General (Permanent Secretary)

• Managing director

What is one of the functions of public corporations?

• Providing free education

• Acting as media for national integration

• Organizing national elections

• Overseeing legislative processes