Tag: private and public sector

Questions Related to private and public sector

Maximum number of members in case of a public company is ____________.

commercial studies classification of commercial organisations public, private and joint sector private and public sector sectoral organisation of business departmental undertakings meaning and features of departmental undertaking

  1. $0$

  2. unlimited

  3. $50$

  4. $200$

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Correct Option: B
Explanation:

There is no limit on maximum numbers of members in case of public companies (in India).

Who is the Chairman of Bajaj Auto?

commercial studies classification of commercial organisations public, private and joint sector private and public sector sectoral organisation of business departmental undertakings meaning and features of departmental undertaking

  1. Sanjiv Bajaj

  2. Rajiv Bajaj

  3. Jamnalal Bajaj

  4. Rahul Bajaj

Show answer
Correct Option: D
Explanation:

Rahul Bajaj is an Indian billionaire businessman, politician and philanthropist. He is the chairman of Indian conglomerate Bajaj Group and member of parliament. Bajaj comes from the business house started by a Rajasthani Marwadi businessman Jamnalal Bajaj.

Larsen & Toubro Ltd. was founded by _______.

commercial studies classification of commercial organisations public, private and joint sector private and public sector sectoral organisation of business departmental undertakings meaning and features of departmental undertaking

  1. Indians

  2. Americans

  3. Danish

  4. Europeans

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Correct Option: C
Explanation:

Larsen & Toubro Limited, commonly known as L&T, is one of the largest Indian multi-national firms and leading construction company in India headquartered in Mumbai, Maharashtra, India. It was founded by two Danish engineers taking refuge in India.

ITC was originally named as _______.

commercial studies classification of commercial organisations public, private and joint sector private and public sector sectoral organisation of business departmental undertakings meaning and features of departmental undertaking

  1. Imperial Tobacco company

  2. Indian Tobacco company

  3. Indian Tea company

  4. None of the above

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Correct Option: A
Explanation:

ITC Limited is an Indian company headquartered in Kolkata, West Bengal. Its five diversified businesses are Fast-Moving Consumer Goods, Hotels, Paperboards & Specialty Papers, Packaging, Agri-Business and Information Technology.

Private limited company may appoint ________ number of directors.

commercial studies classification of commercial organisations public, private and joint sector private and public sector sectoral organisation of business departmental undertakings meaning and features of departmental undertaking

  1. 12

  2. 3

  3. 18

  4. 15

Show answer
Correct Option: D
Explanation:

According to section 149(1) of companies act 2013, a private company can appoint minimum 2 directors and maximum 15 directors.