मराठी

Correct the underlined word and rewrite the following sentence. A Statutory Corporation is not answerable to parliament or state assembly. - Organisation of Commerce and Management

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प्रश्न

Correct the underlined word and rewrite the following sentence.

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

एक शब्द/वाक्यांश उत्तर
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उत्तर

A statutory corporation is answerable to parliament or state assembly.

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पाठ 5: Forms of Business Organisation - II - EXERCISE [पृष्ठ ११५]

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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. H) 2) | पृष्ठ ११५

संबंधित प्रश्‍न

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.


Give one word/phrase/term.
An organisation which is answerable to parliament or state assembly whosoever creates it.


Give one word/phrase/term.
An organisation which 1s not subject to the budget, accounting and audit controls by the government.


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.


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.

  1. Which type of organisation is this?
  2. Give any three Features of this organisation.
  3. Give anyone an example of this type of organisation.

Distinguish Between Government Company and Statutory Corporation. 


State any four features of 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.

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?


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