Business Studies

Oil and Natural Gas Corporation, Indian Oil Corporation, Steel Authority of India, and Bharat Heavy Electrical are all examples of ______________.


Answer & Solution

Public Sector Units


SOLUTION
A state-owned enterprise in India is called a public sector undertaking (PSU) or a public sector enterprise. These companies are owned by the union government of India, or one of the many state or territorial governments, or both. The company stock needs to be majority-owned by the government to be a PSU.
View Answers

You're just one step away


Single Correct Medium Published on 18th 08, 2020
Next Question
Questions 244558
Subjects 8
Chapters 125
Enrolled Students 300
Enroll Now For FREE

Realted Questions

Q1 Single Correct Medium
Which of the following is not a disadvantage of MNC?
  • A. Strain on foreign exchange reserve of the most country.
  • B. More employment opportunities
  • C. Creation of monopolies
  • D. May kill domestic industry.

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q2 Subjective Medium
In 2005 Mahindra & Mahindra had an agreement with Renault, a French car manufacturing company to produce and commercialize Logan. It is a 51:49 partnership between Mahindra & Mahindra and Renault. The Logan plant at Nasik has a capacity to produce 50,000 units per year. The main aim of the two companies is to produce no-frills Logan car with classifying features at an aggressive price & launch them exclusively for Indian market. Renault wanted to increase the global car sales by 800,000 by year 2009 & they believed that this figure could be achieved by investing in Indian market. What kind of arrangement is between the two companies? Define it.

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q3 Subjective Medium
Name the company in which at least 51% shares are kept by government.

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q4 Single Correct Medium
Identifying marks of a public limited company are __________.
  • A. Formation
  • B. Number of members
  • C. Directors and meetings
  • D. All of the above

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q5 TRUE/FALSE Medium
Success in a joint venture depends on comprehensive research and a detailed analysis of aims and objectives.
  • A. True
  • B. False

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer