Class 11 Public Private And Global Enterprises CBSE Questions & Answers

Class 11 · Public Private And Global Enterprises

This is Business Studies class 11 Public Private and Global Enterprises CBSE Questions & Answers. There are 15 questions in this test with each question having around four answer choices.

Questions & Answers

1
Statutory corporations are ____________
  • A
    Private enterprises
  • B
    None of these
  • C
    Sole Proprietorship
  • D
    Public enterprises
    Correct
2
Minimum number of members to form a private company is
  • A
    7
  • B
    3
  • C
    2
    Correct
  • D
    5
3
Minimum number of members to form a public company is
  • A
    21
  • B
    7
    Correct
  • C
    12
  • D
    5
4
Application for approval of name of a company is to be made to
  • A
    Government of India
  • B
    Government of the State in which Company is to be registered
  • C
    Registrar of Companies
    Correct
  • D
    SEBI
5
A proposed name of Company is considered undesirable if
  • A
    In case of any of the above of India, United Nations etc.
    Correct
  • B
    It is identical with the name
  • C
    It is an emblem of Government
  • D
    It resembles closely with of an existing company the name of an existing company
6
A prospectus is issued by
  • A
    A public company seeking investment from public
    Correct
  • B
    A private company
  • C
    A public company
  • D
    A public enterprise
7
Stages in the formation of a public company are in the following order
  • A
    Promotion, Incorporation , capital subscription, commencement of business
    Correct
  • B
    Promotion, commencement of business
  • C
    Incorporation, Capital of Business, Capital Subscription Commencement of Business, Promotion
  • D
    Capital Subscription, Promotion, Incorporation, Commencement of Business
8
Preliminary Contracts are signed
  • A
    After incorporation but before
  • B
    After incorporation but before capital subscription
  • C
    Before the incorporation
    Correct
  • D
    After commencement of commencement of business business
9
Preliminary Contracts are
  • A
    Binding on the company
  • B
    Not binding on the Company
    Correct
  • C
    Binding on the Company, if ratified after incorporation
  • D
    Binding on the
10
When to business agree to join together for a common purpose and mutual benefit, it gives rise to a ___________
  • A
    Public company
  • B
    Consignement
  • C
    Joint Venture
    Correct
  • D
    Cooperative Society
11
Expand MOFA
  • A
    Majority owned foreign affiliates
    Correct
  • B
    Memorandum of financial association
  • C
    Multi owned financial Authority
  • D
    None of these
12
Expand MNCs
  • A
    Multi National Cooperatives
  • B
    Multi National Companies
  • C
    Multi National Coordination
  • D
    Multi National Corporations
    Correct
13
Expand MOU
  • A
    Memorandum of Unity
  • B
    Memorandum of Understanding
    Correct
  • C
    Memorandum original Universal
  • D
    Memorandum of Association United
14
In the 1956 resolution on industrial policy ______ industries were reserved for public sector.
  • A
    21
  • B
    35
  • C
    12
  • D
    17
    Correct
15
In 2001 only _________ industries were reserved exclusively for public sector
  • A
    3
    Correct
  • B
    9
  • C
    12
  • D
    5