मराठी

A statutory corporation is answerable to ______ Or state assembly whosoever creates it. - Organisation of Commerce and Management

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प्रश्न

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

पर्याय

  • Parliament

  • public

  • employees

MCQ
रिकाम्या जागा भरा
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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.

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पाठ 5: Forms of Business Organisation - II - EXERCISE [पृष्ठ ११३]

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बालभारती Organisation of Commerce and Management (OCM) [English] Standard 11 Maharashtra State Board
पाठ 5 Forms of Business Organisation - II
EXERCISE | Q 1. A) 3) | पृष्ठ ११३

संबंधित 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.


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 no political interference in statutory corporations.


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.

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?


Why can statutory corporations easily raise capital for their operations?


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