Select the correct option and rewrite the sentence.
1) Departmental Organisation is financed through ………. appropriations made by the legislature.
a) annual budget b) monthly budget c) quarterly budget
Ans:- a) annual budget
2) A ………. is an autonomous corporate body created by the Special Act of the parliament or state legislature.
a) statutory corporation b) government company c) MNC
Ans:- a) statutory corporation
3) A statutory corporation is answerable to ………. or state assembly whosoever creates it.
a) parliament b) public c) employees
Ans:- a) parliament
4) In government company minimum ……….% paid up capital is held by government.
a) 51 b) 41 c) 31
Ans:- a) 51
5) The shares of government company are purchased in the name of ………. .
a) President of India b) Chief Minister c) Defense Minister
Ans:- a) President of India
6) Government on the advice of ………. appoints auditor of government company.
a) Comptroller and Auditor General of India b) auditor c) chartered accountant
Ans:- Comptroller and Auditor General of India
7) A Government company is a ………. entity separate from the Government.
a) natural b) legal c) human
Ans:- b) legal
8) ………. Company has public accountability.
a) MNC b) Private c) Government
Ans:- c) Government
9) MNCs are powerful ………. entities.
a) economical b) political c) social
Ans:- a) economical