Advertisements
Advertisements
प्रश्न
A statutory corporation is answerable to ______ Or state assembly whosoever creates it.
विकल्प
Parliament
public
employees
Advertisements
उत्तर
A statutory corporation is answerable to Parliament or state assembly whosoever creates it.
Explanation:
A statutory corporation is created by a special Act of Parliament or a State Legislature. Therefore, it is accountable to the body that established it and must report its functioning to that legislative authority.
APPEARS IN
संबंधित प्रश्न
A _________ is an autonomous corporate body created by the special Act of the Parliament or State legislature.
Give one word/phrase/term.
An organisation which is answerable to parliament or state assembly whosoever creates it.
Complete the sentence.
A ___________ has defined powers, functions and duties.
Answer in one sentence.
What is Statutory Corporation?
Explain the following term/concept.
Statutory Corporation.
Study the following case/situation and express your opinion.
A central government passes a statute in the parliament and forms a business organisation which is having autonomy in administration and this organisation is answerable to the legislature.
- Which type of organisation is this?
- Give any three Features of this organisation.
- Give anyone an example of this type of organisation.
Distinguish Between Government Company and Statutory Corporation.
Justify the following statement.
There is professional management in statutory corporation.
Answer the following in detail.
Explain merits and demerits of Statutory Corporation.
Match the pairs.
| Group A | Group B |
| A) BHEL | 1) Special Legislature |
| B) Statutory Corporation | 2) 49% paid up capital by govt. |
| C) Departmental Organisation | 3) Service Motive |
| D) Private Sector | 4) Railway |
| E) Public Sector | 5) Profit Motive |
| 6) 51% paid up capital by govt. |
Which of the following is a major advantage of statutory corporations in India?
What is one main role of the Reserve Bank of India as a statutory corporation?
Statutory corporations are accountable to which entity?
Why can statutory corporations easily raise capital for their operations?
