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Business Studies Chapter 3

Authored by Vibha Sabharwal

Business

11th Grade

Used 1+ times

Business Studies Chapter 3
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8 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Assertion (A): Departmental undertakings do not have a separate legal identity.
Reason (R): They are directly under the control of the concerned ministry and part of the government itself.

Both A and R are true, and R is the correct explanation of A.

Both A and R are true, but R is not the correct explanation of A

A is true, but R is false.

A is false, but R is true.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Assertion (A): Public sector enterprises are owned and operated by the government.
Reason (R): They aim to provide services to the public and generate revenue for the government.

Both A and R are true, and R is the correct explanation of A.

Both A and R are true, but R is not the correct explanation of A.

A is true, but R is false.

A is false, but R is true.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Assertion (A): Private sector companies are primarily driven by profit motives.
Reason (R): They are accountable to their shareholders and investors.

A is false, but R is true.

Both A and R are true, and R is the correct explanation of A.

Both A and R are true, but R is not the correct explanation of A.

A is true, but R is false.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Assertion (A): A statutory corporation is created by an act of the legislature.
Reason (R): It has a separate legal identity and can sue or be sued in its own name.

A is false, but R is true.

A is true, but R is false.

Both A and R are true, but R is not the correct explanation of A.

Both A and R are true, and R is the correct explanation of A.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

  • One limitation of a departmental undertaking is:

  • a) Lack of government control


  • b) Political accountability


  • c) Excessive autonomy

  • d) Inability to raise funds

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Assertion (A): Public-private partnerships (PPPs) are collaborations between government and private sector entities.
Reason (R): They are established to leverage private investment for public projects.

Both A and R are true, but R is not the correct explanation of A.

A is true, but R is false.

A is false, but R is true.

Both A and R are true, and R is the correct explanation of A.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Assertion (A): A government corporation is created by a special act of the legislature.
Reason (R): It operates independently of the government and has its own financial resources.

Both A and R are true, but R is not the correct explanation of A.

Both A and R are true, and R is the correct explanation of A.

A is true, but R is false.

A is false, but R is true.

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