Please refer to Chapter 3 Private Public and Global Enterprises MCQ Class 11 Business Studies with answers below. These multiple-choice questions have been prepared based on the latest NCERT book for Class 11 Business Studies. Students should refer to MCQ Questions for Class 11 Business Studies with Answers to score more marks in Grade 11 Business Studies exams. Students should read the chapter Private Public and Global Enterprises and then attempt the following objective questions.

MCQ Questions Class 11 Business Studies Chapter 3 Private Public and Global Enterprises

The Private Public and Global Enterprises MCQ Class 11 Business Studies provided below covers all important topics given in this chapter. These MCQs will help you to properly prepare for exams.

Question. Which of the following is not a merit of a departmental undertaking?
(a) Govt. employee
(b) Control by owner
(c) Accountability
(d)Audit and control 

Question. A government company is any company in which the paid up capital held by the government is less than
(a) 49 percent
(c) 51 percent
(b) 50 percent
(d) 25 percent 

Question. PSE’s are organizations owned by
(a) Joint Hindu Family 
(b) Foreign Companies
(c) Government
(d) Private Entrepreneurs

Question. Disinvestment of PSE’s implies
(a) Sale of equity shares to private/public sector
(b) Closing down operation
(c) Investing in New areas
(d) By shares PSE’s 

Question. Centralized control in MNC’s implies control exercised by
(a) Branches 
(b) Headquarters
(c) Subsidiaries
(d) Parliament 

Question. The equity-based joint venture does not include:
(a) Cooperative development 
(b) Partnership
(c) Company
(d) Limited Liability partnership 

Question. Reconstruction of sick public sector units is taken up by
(a) MOFA 
(b) BIFR 
(c) MoU
(d) NRF 

Question. Which of the following is feature of a Public Private Partnership Model ?
(a)Contract with private party to design and build public facility.
(b) Facility is financed and owned by the public sector.
(c)Key driver is a transfer of design and construction risk.
(d) All of the above. 

Question. Companies typically pursue Joint Ventures for all of the following main reasons except:
(a) To access a new market
(b) To gain scale efficiencies
(c) To bring out regional development
(d) To share risks for major investment

Question. ‘Global enterprises may issue equity shares, debentures or bonds to public’ identify this feature:
(a) Foreign collaboration
(b) Huge capital resource
(c) Product innovation
(d) Centralized control. 

Question. The role of private and public sector were clearly defined by the government through
(a) Industrial policy 1991
(b) The parliament
(c) The industrial policy resolution1948
(d) The Indian companies act 1956

Question. Which one of the following is an example of public private partnerships
(a) Oil and Natural Gas Commision
(b) Delhi Metro
(c) Indian Railways
(d) Gas Authority of India Ltd

Question. MNC’s are in a position to exercise massive control of world economy because of their
(a) Capital resources and latest technology
(b) Political interference
(c) Low cost of production
(d) Established brand name

Question. Indian economy is a________________economy
(a) Socialist economy
(b) Capitalist economy
(c) Industrial economy
(d) Mixed economy

Question. MNC’s are able to conform to international standards and quality specifications because of their
(a) Marketing strategies
(b) Centralised control
(c) Huge capital resource
(d) Advanced technology 

Question. Which one of the following is a featureof Public Private Partnership
(a) Foreign collaboration
(b) Balance regional development
(c) Joint management responsibility
(d) Self reliance

Question. Public sector enterprises are organizations owned by
(a) joint Hindu Family business
(b) government
(c) foreign Companies
(d) private entrepreneurs

Question. There are various restrictive clauses in the agreement relating to transfer of technology, pricing, dividend payments et(c) is a feature of
(a) Partnership firm
(b) Government companies
(c) Statutory corporationjs
(d) Global enterprises 

 Question. Huge size, large number of products, network of operations all over the world is a
(a) Global enterprises
(b) Partnership firm
(c) Public sector undertaking
(d) Departmental undertaking 

Question. All the below are Joint Ventures except:
(a) Maruti Suzuki Ltd
(b) Kinetic Honda
(c) Hindustan Aeronautics Ltd
(d) Mahindra and Mahindra

Question. Partnership is an example of
(a) Joint stock company
(b) Private sector
(c) Statutory corporation
(d) Public sector

Question. Joint Ventures are formed by making an agreement which is legally termed as:
(a) Joint Venture Contract
(b) Joint Venture Deed
(c) Memorandum of Undertaking
(d) Joint Venture Agreement

Question. Disinvestments of PSE’s implies
(a) Sale of equity shares to public
(b) Investing in new areas
(c) Buying shares of PSE’s
(d) Closing down private sector

Question. Which of the following is feature of a global enterprise? 
(a) Foreign collaborations
(b) Legal entity
(c) Flexibility
(d) Owned by govt.

Fill in the Blanks:

Question. Huge Industrial organization which extend their industrial operations through a network of their branches in several countries are known as ______________ .

Question. The private sector consists of business owned by ______________ .

Question. A long term contract between a private party and a government entity for providing a public asset or service is regarded to as ______________  

Question. Indian economy is composed of both Privately owned and Government owned business enterprises so it is known as ______________ .

Question. If a foreign partner or a Non Resident Indian is involved in a Joint Venture, a government approval has to be taken which can be obtained from either ______________ or FIPB depending upon circumstances. 

True and False:

Question. Private enterprises are accountable to the public through the parliament.

Question. The laws for Joint Venture companies are very different from the laws of Domestic Companies in India.

Question. Global enterprises operate through a network of subsidiaries, braches and affiliates in host countries.

Question. Two private organizations may not come together to form a Joint Venture.

Question. A Public Private Partnership ensures higher quality and timely provision of public services.

Match the following:

Question. Match the following with the appropriate options:

A	B
1. Huge Capital resources	(a) International Brands
2. Product innovation	(b) Head quarters in home country
3. Centralised control	(c) Qualitative research
4. Marketing strategies	(d) Advertising and sales promotion techniques
	(e) International banks and investors

Question. Match the following with the appropriate type of enterprise:

A	B
1. Walmart	(a) Departmental undertaking
2. Toyota Motors	(b) Statutory Corporation
3. Bharat Heavy Electricals LTD.	(c) Government Company
4. Indian Railways	(d) Global enterprise

We hope you liked the above Private Public and Global Enterprises MCQ Class 11 Business Studies. In case you have any questions please put them in the comments box below and our teachers will provide you a response.