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Give one word/phrase/term.An autonomous corporate body created by the Special Act of the parliament or state legislature with defined powers, functions and duties. - Organisation of Commerce and Management

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प्रश्न

Give one word/phrase/term.
An autonomous corporate body created by the Special Act of the parliament or state legislature with defined powers, functions, and duties.

एक शब्द/वाक्यांश उत्तर
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उत्तर

Statutory Corporation

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  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 5: Forms of Business Organisation - II - EXERCISE [पृष्ठ ११४]

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बालभारती Organisation of Commerce and Management (OCM) [English] Standard 11 Maharashtra State Board
अध्याय 5 Forms of Business Organisation - II
EXERCISE | Q 1. C) 11) | पृष्ठ ११४

संबंधित प्रश्न

A statutory corporation is answerable to ______ Or state assembly whosoever creates it.


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?


Correct the underlined word and rewrite the following sentence.

Statutory Corporation is a natural person created by special Acts.


Explain the following term/concept.

Statutory Corporation.


Distinguish Between Government Company and Statutory Corporation. 


Justify the following statement.

There is professional management in statutory corporation.


Attempt the following.

Merits 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.

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.

Statutory corporations are accountable to which entity?


Why can statutory corporations easily raise capital for their operations?


Which feature directly relates to employees following corporation rules rather than government rules?


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