हिंदी

Justify the following statement. There is no political interference in statutory corporation. - Organisation of Commerce and Management

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प्रश्न

Justify the following statement.

There is no political interference in statutory corporations.

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उत्तर

  1. A statutory corporation is an autonomous corporate body.
  2. Statutory Corporation is an artificial person created by law and it has an independent legal entity.
  3. Employees are not government servants.
  4. A statutory corporation enjoys financial autonomy or independence.
  5. A statutory corporation comes into existence by following a particular act, therefore, there is no political interference information.
  6. Thus, all statutory corporations are free from political interference.
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अध्याय 5: Forms of Business Organisation - II - EXERCISE [पृष्ठ ११६]

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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 6. 3) | पृष्ठ ११६

संबंधित प्रश्न

A _________ is an autonomous corporate body created by the special Act of the Parliament or State legislature.


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


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.


Complete the sentence.

A ___________ has defined powers, functions and duties.


Correct the underlined word and rewrite the following sentence.

A Statutory Corporation is not answerable to parliament or state assembly.


Explain the following term/concept.

Statutory Corporation.


Justify the following statement.

There is professional management in statutory corporation.


Attempt the following.

Merits of Statutory Corporation.


Attempt the following.

Demerits of Statutory Corporation.


Answer the following in detail.

Explain Statutory Corporation and its features.


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?


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


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