11th Std Commerce EM 2nd Assignment Chapter – 9 Government Organisation This is the second assignment answer key for 11th commerce full assignment for the month of July.
Chapter – 9 Government Organisation
Part-A
I.One Mark Questions
1.The share capital of the government company must not be less than——–
a) 75%
b) 60%
c) 95%
d)51%
Answer:- d)51%
Match the following:
(i) Departmental undertaking – (a) Indian Railways
(ii) Public Corporation – (b) Kolkata
(iii) Coal India Limited -(c) Indian Air Lines
(iv) Food Corporation of Indi -(d) New Delhi
(a) (i-a),(ii-c), (iii-b),(iv-d)
(b) (i-b),(ii-d),(iii-c),(iv-a)
(c) (i-a),(ii-b),(iii-c) (iv-d)
(d) (i-d),(ii-a),(iii-b),(iv-c)
Answer:- (a) (i-a),(ii-c), (iii-b),(iv-d)
3.The Oldest form of Organisation in Public sector—————
a) Public Sector Undertakings
b) Departmental Undertakings
c) Multi National Corporation
d) Statutory Corporation
Answer:- b) Departmental Undertakings
4.Airport Authority of India is a public enterprise. Identify the form of
organization.
a) Statutory Corporations
b) Departmental Undertakings
c) Multi National Corporation
d) State –owned company
Answer:- b) Departmental Undertakings
5.A Government purchases shares in the name of —————
a) Prime Minister
b) President
c) Chief Justice of India
d) State Chief Minister
Answer:- b) President
6.The primary objective of the state enterprises is to ——————
a) Earn Profit
b) Provide employment
c) Serve the people
d) All of the above
Answer:- c) Serve the people
7.Public Corporation is also known as ……
a) Statutory Corporation
b) District Corporation
c) Both “a” and “b”
d) None of these
Answer:- a) Statutory Corporation
8……..entrepreneurs worked only for the profit motive.
a) Public
b) Private
c) Government
d) None of these
Answer:- b) Private
9.Railways are the example of —–
a) Public Corporation
b) Departmental Organisation
c) MNCs
d) None of these
Answer:- b) Departmental Organisation
10.Public Corporation is managed by a ……
a) Partners
b) Share holders
c) Board of Directors
d) Directors
Answer:- c) Board of Directors
Part-B
II.Very Short Answer.
11.State the different types of public sectors enterprises.
- Departmental Undertakings
- Public Corporation
- Government Company
12.Give two examples for departmental undertaking.
- Private sector enterprises – Reliance Industries & Hindustan Lever Limited
- Global enterprises – Tata; Mahindra & Mahindra
- Public enterprises – Coal India Ltd &Steel Authority of India
13.What is Red tapisam?
There are too many procedures which result in a delay. The commercial organisation cannot afford delay in taking decisions.
14.What do you mean by Nationalisation?
15.State the form of Public Enterprises which is most suitable for projects
related to National Security.
Strategic industries like defence, and atomic power cannot be better managed other than government departments. Departmental undertakings can maintain secrecy in their work.
Part-C
III. Short Answer.
16.What is meant by Government Company?
The departmental form of organisation of managing state enterprises is the oldest form of organisation. Under the departmental form of organisation, a public enterprise is run as a separate full-fledged ministry or as a major subdivision of a department of the Government.
17.List the areas where the state or central ownership is a preferred form
of business organization. Justify your choice of areas.
- Coal Miners Authority Ltd.
- Steel Authority of India Ltd.
- Indian Telephone Industries
- Tamil Nadu State Corporation Ltd.
18.Define Departmental Undertakings.
The department form of organisation is the oldest form of organisation. Under the departmental form of organisation, a public enterprise is run as a separate full-fledged ministry or as a major subdivision of a department of the Government. For example, the Indian Railways are managed by the Ministry of Railways.
19.How many types of Government jobs can be created?
A Government Company is defined uder section 2(45) of the companies Act,2013 as “any company in which not less than 51% of the paid-up share capital is held by the central government, or by any state governmentor governments, or partly by the central government and partly by one or more state governments, and includes a company which is a subsidiary company of such goverment company
20.Define Public Corporation.
Public Corporation is a form of public enterprise which is created as an autonomous unit, by a special act of the parliament, It is created by a statute.It is also known as a statutory corporation. Eg. the Life insurance corporation of India, The India airlines, the air India international.
Part-D
IV.Write in detail.
21.What are the advantages of Departmental Undertaking?(Any five)
Advantages:
Following are the advantages of the departmental undertaking.
Easy Formation:
It is easy to set up a departmental undertaking. The departmental undertaking is created by an administrative decision of the Government, involving no legal formalities for its formation.
Direct and Control of Parliament or State Legislature:
The departmental undertaking is directly responsible to the Parliament or the State legislature through its overall head i.e. the minister concerned.
Secrecy Maintained:
Strategic industries like defence and atomic power cannot be better managed other than government departments. Department undertakings can maintain secrecy in their work.
Lesser Burden of Tax on Public Earnings:
Departmental undertakings are entirely paid into the Government treasury, resulting in a lesser tax burden on the public.
Instrument of Social Change:
The government can promote economic and social justice through departmental undertakings. Hence, a departmental undertaking can be used by the Government, as an instrument of social change.
Lesser Risk of Misuse of Public Money:
As the departmental undertaking is subject to budgeting, accounting and procedures of the government; the risk of misuse of public money is relatively less.
Guided by Rules and Regulations of the Ministry:
The officers of the departmental undertaking are under the supervision of the direct administrative control of the ministry. They are guided by the rules and regulations of the ministry, framed with a focus on public welfare.
22.What are the features of Government Company?(Any five)
Registration:
Under the Companies Act A Government company is formed through registration under the Companies Act, 1956; and is subject to the provisions of this Act, like any other company. However, the Central Government may direct that any of the provisions of the Companies Act shall not apply to a Government company or shall apply with certain modifications.
Executive Decision of Government:
A Government company is created by an executive decision of the Government, without seeking the approval of the Parliament or the State Legislature.
Separate Legal Entity:
A Government Company is a legal entity separate from the Government. It can acquire property; can make contracts and can file suits, in its own name.
Whole or Majority Capital Provided by Government:
The whole or majority (at least 51%) of the capital of a Government company is provided by the Government, but the revenues of the company are not deposited into the treasury.
Majority of Government Directors:
Being in possession of a majority of share capital, the Government has the authority to appoint a majority of directors, on the Board of Directors of a government company. vi. Own Staff A Government company has its own staff; except Government officials who are sent to it on deputation. Its employees are not governed by civil service rules.
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