English

Explain the following term/concept. Public Sector Organisation.

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Question

Explain the following term/concept.

Public Sector Organisation.

Short/Brief Note
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Solution

  1. It is owned, managed, controlled, and financed by the government.
  2. It includes Departmental Organisation, Statutory Corporation, and Government Companies.
  3. Its main objective is to provide services to society.
  4. It is managed by government officials or the Board of Directors.
  5. It is large in size and operates on a large scale.
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Chapter 5: Forms of Business Organisation - II - EXERCISE [Page 115]

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Balbharati Organisation of Commerce and Management [English] Standard 11 Maharashtra State Board
Chapter 5 Forms of Business Organisation - II
EXERCISE | Q 2. 1) | Page 115

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Group ‘A’ Group ‘B’
A) BHEL 1) Special Legislature
B) Statutory Corporation 2) 49% paid up capital by govt.
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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

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.

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