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State True or False. Public sector was undertaken as a part of industrial policy, 1956. - Organisation of Commerce and Management

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Question

State True or False.

The public sector was undertaken as a part of industrial policy, 1956.

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) 4) | Page 114

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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

Match the pairs. 

  Group 'A'   Group 'B'
A) BHEL 1) Special Legislature 
B) Statutory Corporation 2) 49% paid up capital by govt. 
C) Department 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?


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