Quiz on Forms of Business Organisation - II

#1. A government company is a ………… entity separate from the government.

#2. A ………………….. is an autonomous corporate body, created by special act of the parliament or state legislature.

#3. Multinational companies aims at ………….. maximization.

#4. MNC’s are powerful …………… entities

#5. In Government Company a minimum of ………… % paid up capital is held by government.

#6. ………………….. Company has public accountability .

#7. The technology gap between the developed and developing countries is bridged by the ……….

#8. Departmental Organisation is financed through ………… appropriations made by legislature.

#9. A statutory corporation is answerable to ………… or state assembly whosoever creates it .

#10. Government companies have ………….. status.

#11. The shares of Government Company are purchased in the name of ……………..

#12. Government on the advice of the …………… appoints auditor of government company.

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