VENKTESHWAR INTERNATIONAL SCHOOL

Sector-10, Dwarka, New Delhi – 110075

(2020-21) CLASS – XI
Assignment
CH: PRIVATE AND PUBLIC SECTOR ENTERPRISES

Q1. Legal corporations are setup under an act of parliament. The act defines the.......of
a legal corporation.

Q2. The shares of a government company are purchased in the name of ………

Q3. Identify the form of public sector enterprises in following cases:

A. It enjoys maximum autonomy in all management activities

B. LIC and Air India are the examples of this form of enterprise
C. This enterprise is most suitable when national security is concerned
D. Minimum 51% of the paid-up capital is held by government.

Q4. Post and Telegraph is a major part of the ministry of communication. It is

organized, financed and controlled by the communication minister. The finances are
arranged by annual appropriations from the government treasury and its revenue are
paid into the treasury. As far as the recruitment is concerned it is just like those of
civil servants:

A. Name the ministry under which department of post and telegraph is working.
B. How does it get its finances? also identify the related features of departmental
undertaking
C. Which type of business service is mentioned above?
D. Identify the value that motivated government to render postal services to
general public.

Q5. Maharashtra Pharmaceuticals co. ltd. Registered under the Companies

act ,1956 was started with a paid-up capital of Rs. 50,00,000, 40% of this paid up
capital is in the hands of private individuals and the balance is held by the
government of Maharashtra. Maharashtra pharmaceuticals Ltd. belongs to which
form of public sector enterprise. State its own features and any two merits.

Q6. How does government maintain regional balance in the country?

Q7. Engineers postal India ltd being a government company provides

engineering and related technical services for petroleum refineries and other
industrial projects. It is registered under one of the legislations passed in the
parliament which came into effect in 1956. The board is appointed by
government and its shareholders and is responsible for its efficient
management. The company prepares its annual report and submit it to the
appropriate authorities. Majority of the shares are held by the government.

A. Engineers postal India ltd. Is established by enactment of one of the

legislations of parliament which came into effect in 1956. Name the act.
B. Engineers ltd. Is a government company and majority of shares are held by
government? What does the term majority of shares stand for?
C. The company submits its annual reports to appropriate authorities. In this
sentence the term appropriate authorities refer to?

Q8. What is meant by disinvestment of shares?

Q9. What is the main function of BIFR?

Q10. Distinguish between Departmental undertakings and Statutory corporation on the

following basis: -
(a) Funds
(b) Audit procedure
(c) Employees of the enterprises
(d) Formation

Q11. Inspite of a dominant role the public sector could not do much for economic
development of our country. Then also why is government of India not closing all
public sector enterprises? Give five reasons in support of your answer.

Q12. Differentiate between private sector and public sector.