Business Studies MCQ Class 11 Chapter 3: Check the below NCERT MCQ Questions for Business Studies MCQ Class 11 Chapter 3 with Answers Pdf free download. Business Studies MCQ Class 11 Chapter 3 Questions for Business Studies with Answers were prepared based on the latest exam pattern. We have provided Business Studies MCQ Class 11 Chapter 3 with Answers to help students understand the concept very well.

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Business Studies MCQ Class 11 Chapter 3

1. Which of the following enterprises may benefit the most by an established brand name at the time of incorporation?
(a) Departmental Undertaking
(b) Government Company
(c) Statutory corporations
(d) Joint Venture

2. The funding of which of the following enterprise comes directly from the government treasury, is under an annual appropriation from the budget of the government and the revenue earned by it is also paid into the treasury?
(a) Departmental undertaking
(b) Statutory corporation
(c) Government company
(d) Cooperatives

3. A government company is any company in which the paid up capital held by the government is not less than
(a) 49 percent
(b) 51 percent
(c) 50 percent
(d) 25 percent

4. Centralised control in MNC’s implies control exercised by
(a) Branches
(b) Subsidiaries
(c) Headquarters
(d) Parliament

5. Which of the following types of organisations has the capability of expansion of market territory and operates through a network of subsidiaries, branches and affiliates?
(a) MOFA
(b) MNC
(c) Public Sector enterprises
(d) Private sector enterprises

6. Which of the following roles are played by the public sector in the economy?
a. Regional balance
b. Economies of scale
c. Check over-concentration of economic power
d. Import substitution
e. Development of infrastructure

(a) Only a, b and d
(b) Only a, c, d, and e
(c) Only a, b, c, and e
(d) Only b, c, d, and e
(e) All of these

7. The public sector enterprises are to invest and operate in certain spheres. Which of the following is not one of these core sectors?
(a) Civil aviation
(b) Power generation plants
(c) Pharmaceuticals
(d) Project management consultancies

8. Which of the following has the power of the government and the considerable amount of operating flexibility of private enterprises?
(a) Departmental Undertakings
(b) Statutory Corporations
(c) Government companies
(d) All of the above

9. The shares of a Government Company are purchased in the name of which of the following?
(a) The Indian Government
(b) The President of India
(c) The Chief Minister of the state, where the head office of the company lies
(d) The Managing Director of the company

10. Which of the following is true about statutory corporations?
(a) Statutory corporations are public enterprises that come into existence by a special act of the parliament
(b) Statutory corporations are subject to the same accounting and audit procedures as are applicable to government departments
(c) Statutory enterprises are funded directly by the government treasury
(d) The employees of statutory enterprises are civil servants

11. The funding of which of the following enterprises comes directly from the government treasury, is under an annual appropriation from the budget of the government, and the revenue earned by it is also paid into the treasury?
(a) Departmental undertaking
(b) Statutory corporation
(c) Government company
(d) Cooperatives

12. Disinvestments of PSE’s ( Public Sector Enterprises) imply _____.
(a) Sale of equity shares to private sector/public
(b) Closing down operations
(c) Investing in new areas
(d) Buying shares of PSE’s

13. Which of the following enterprises may benefit the most from an established brand name at the time of incorporation?
(a) Departmental Undertaking
(b) Government Company
(c) Statutory corporations
(d) Joint Venture

14. Which of the following types of organisations has the capability of expanding the market territory and operating through a network of subsidiaries, branches, and affiliates?
(a) MOFA – Ministry of Foreign Affairs
(b) MNC – Multinational Companies
(c) Public Sector Enterprises
(d) Private Sector Enterprises

15. The forms of organisation which a public enterprise may take are?
a. Departmental undertaking
b. Cooperative
c. Statutory corporation
d. Government company
(a) Only a, b, and c
(b) Only a, c and d
(c) Only b, c and d
(d) Only a, b and d

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By Team Learning Mantras