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.


Correct the underlined word and rewrite the following sentence.

Statutory Corporation is a natural person created by special Acts.


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.


Distinguish Between Government Company and Statutory Corporation. 


Justify the following statement.

There is no political interference in statutory corporations.


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.


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?


What is one main role of the Reserve Bank of India as a statutory corporation?


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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