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State True or False. Private sector Organisations are owned by individual or group of individuals. - Organisation of Commerce and Management

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Question

State True or False.

Private sector Organisations are owned by individuals or groups of individuals.

Options

  • True

  • False

MCQ
True or False
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Solution

True

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Chapter 5: Forms of Business Organisation - II - EXERCISE [Page 114]

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Balbharati Organisation of Commerce and Management (OCM) [English] Standard 11 Maharashtra State Board
Chapter 5 Forms of Business Organisation - II
EXERCISE | Q 1. D) 1) | Page 114

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Give one word/phrase/term.

Organisations which are owned by individual or group of individuals.


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State True or False.

Public enterprises are owned, managed and controlled by the public.


Answer in one sentence.

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Correct the underlined word and rewrite the following sentence.

Private sector aims at providing essential services to customers.


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

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 organisation is an example of the public sector in India?


What is the main purpose of a public sector organisation?


Which of the following statements is true for the private sector?


Who described public enterprise as state ownership and operation in various sectors?


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