Class 11 Business Studies Chapter 3 Worksheet 1 (MCQs and Case-based Questions): Public, Private and Global Enterprises

Class 11 Business Studies Chapter 3 Worksheet (Public, Private and Global Enterprises)

We have designed a dedicated Class 11 Business Studies worksheet on Public Enterprises, Global Enterprises and Public-Private Partnerships.

The purpose of this educational material is to strengthen your understanding of important NCERT and CBSE concepts through practical questions.

On this page, you can solve multiple-choice questions (MCQs), assertion-reason questions and case-based questions targeting Departmental Undertakings, Statutory Corporations, Government Companies, Multinational Companies, Joint Ventures and PPP models.

Additionally, you can connect textbook concepts with real organisations such as Indian Railways, LIC, RBI and large international business ventures through this worksheet.

Before you proceed further, below are the quick details:

• Class: 11
• Subject: Business Studies
• Chapter Number: 3
• Chapter Name: Public, Private and Global Enterprise
• Worksheet Number: 1
• Worksheet Type: MCQs and Case-based Questions

Table of Contents

Questions

Answers

The worksheet begins from here.

Class 11 BST Questions

Q1. Which of the following is not a feature of a Departmental Undertaking?

1. The employees of the enterprise are not civil servants.
2. They are generally considered to be a major subdivision of the government.
3. Funding comes directly from the government treasury.
4. All of the above

Q2. Indian Railways is an example of which form of public enterprise?

1. Public Corporation
2. Government Company
3. Departmental Undertaking
4. Public Company

Q3. Kundli Manesar Expressway Ltd. is an example of which form of public sector enterprise?

1. Government Company
2. Public Corporation
3. Multinational Company
4. PPP

Q4. In the case of a government company in India, shares are bought in the name of:

1. Prime Minister
2. President of India
3. Managing Director of the company
4. None of these

Q5. Where national security is concerned, which form of enterprise is most suitable?

1. Government Company
2. Departmental Undertaking
3. Statutory Corporation
4. Joint Venture

Q6. Assertion (A): The revenue earned by a Departmental Undertaking is paid into the government treasury.

Reason (R): Departmental Undertakings are established under specific ministries.

1. Both A and R are true, and R is the correct explanation of A.
2. Both A and R are true, but R is not the correct explanation of A.
3. A is true, but R is false.
4. A is false, but R is true.

Q7. “These are huge industrial organisations which extend their industrial and marketing operations through a network of their branches in several countries. These enterprises operate in several areas, producing multiple products, with their business strategy extending over a number of countries.”

Explain the distinct features of the type of organisation identified in the above lines.

Q8. Life Insurance Corporation of India is the largest insurance company in India. It is headquartered in Mumbai. It was founded in 1956, when the Parliament of India passed the Life Insurance Corporation Act, 1956, which nationalised the private insurance industry in India. Over 245 insurance companies and provident societies were merged to create the state-owned Life Insurance Corporation.

1. Life Insurance Corporation is classified as which form of public sector enterprise?
2. State any three features that highlight Life Insurance Corporation of India as the particular form of public sector enterprise identified in part (a).

Q9. Parking in central Kolkata, the heart of this megacity, has always been a hassle. This is the case with most inner-city areas. To address this situation, the Kolkata Municipal Corporation decided to utilise the rights to underground space and undertake the parking project with a private party. The purpose of the project was to develop an underground parking system.

Identify the type of partnership model referred to in the above paragraph. State its three features.

Q10. RBI, that is, the Reserve Bank of India, is India's central banking institution, which controls the monetary policy of the Indian rupee. It commenced its operations on 1st April 1935 in accordance with the Reserve Bank of India Act, 1934. Following India's independence on 15th August 1947, the RBI was nationalised on 1st January 1949. The Reserve Bank of India also works as a central bank where commercial banks are account holders and can deposit money. RBI maintains the banking accounts of all scheduled banks. RBI is a corporate body created by the legislature with defined powers and functions and is financially independent with clear control over the banking activities of the nation. RBI is a corporate person and has the capacity to act in its own name.

1. How will you classify the RBI as a form of public sector enterprise?
2. State any three demerits of the form of public sector enterprise identified in part (a).

Q11. Keshav Ltd. is a company established in India. Over the years, the company has increased its profitability by 200% and has decided to expand itself. For this purpose, the company has extended its operations to Dubai and the U.S.A. by establishing its subsidiaries in these countries. Keshav Ltd. has appointed various professionals to manage the regular operations of its subsidiaries. However, all broad policy decisions of these subsidiaries are taken by the Board of Directors of Keshav Ltd. from its headquarters situated in India.

1. Name the type of corporation that Keshav Ltd. will be known as after establishing its subsidiaries.
2. Describe any two features of such a corporation.

Q12. Dhirubhai Ambani Aerospace Park (DAAP) is a special agreement between Indian corporate giant Reliance Group and a global defence company from France, Dassault Aviation. A Memorandum of Understanding was signed by both parties for the establishment of the park to be located at the Multi-modal International Cargo Hub and Airport at Nagpur (MIHAN), Nagpur.

The DAAP project will be developed over two phases: the first over an area of 104 acres, to be operational in 2018, and later over 185 acres of land at MIHAN in Nagpur. In DAAP, Reliance Group will set up assembly lines and manufacturing facilities for fixed-wing aircraft, aerostructures of commercial transport aircraft and helicopters for defence and commercial uses.

Additionally, DAAP will also serve as a hub for exporting military equipment to friendly countries under the Make in India and Skill India initiatives. This arrangement will bring in the first tranche of foreign direct investment in the country, with the French aircraft manufacturer investing an amount of Rs. 200 crores.

1. Identify the enterprise formed under the special agreement between Reliance Group and the French defence major, Dassault Aviation.
2. Explain any five advantages of the enterprise formed between Reliance Group and Dassault Aviation.

Answers (Coming Soon)

The End

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A List of Notes:

Chapter 1  |  Chapter 2  |  Chapter 3  |  Chapter 4  |  Chapter 5  |  Chapter 6  |  Chapter 7  |  Chapter 8  |  Chapter 9  |  Chapter 10

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