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Globalization and Privatization

13. 

Privatisation is supported for the following reasons, point out which of the following statements are correct
I. To improve efficiency.
II. To reduce government interference
III. To increase freedom and speed of decision making
IV. To disown the responsibility of the government.
V. To promote private sector culture by introducing competition.

A. I,II and V are correct B. I,II,III and V are correct C. I,III ,IV and V are correct D. I,III and IV are correct

Answer : B. I,II,III and V are correct

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14. 

The maximum number of partners allowed in a banking business is

A. 10 B. 20 C. 30 D. 50

Answer : A. 10

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15. 

Debenture holders of a company are its

A. Members B. Creditors C. Debtors D. Directors

Answer : B. Creditors

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16. 

In National Mineral Policy which mineral was allowed for having investment from private sector?

A. Iron B. Coal C. Gold D. Platinum

Answer : B. Coal

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17. 

Which among the following sectors has largest contribution in Gross Domestic Savings in India?

A. Public Sector B. Private Sector C. Households D. Unorganized Sector

Answer : C. Households

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