Which of the following is a feature of the Indian public sector enterprises? MCQ with Answer and Explanation

Question

Share Report Error

Which of the following is a feature of the Indian public sector enterprises?

A. Complete absence of social objectives

B. Presence of both commercial and social objectives

C. No role in strategic sectors

D. Only profit maximisation without any public purpose

Answer: Option B

Solution (By JKSSB Mock Tests)

Public sector enterprises in India have historically pursued a combination of commercial viability and broader social and strategic objectives.

This question belongs to: Economy GK Economy Set 1

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Economy Set 1 Questions

Question #1

The 'National Food Security Act' was enacted in:

A. 2015

B. 2013

C. 2018

D. 2010

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option B

Explanation:
NFSA was enacted in 2013.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Goods and Services Tax' rate on ambulance services is:

A. 0%

B. 5%

C. 12%

D. 18%

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option A

Explanation:
Ambulance services are exempt from GST.

This question belongs to: Economy GK Economy Set 1

Question #3

Which of the following is a characteristic of the 'Rational Expectations' hypothesis?

A. Agents form expectations using all available information and do not make systematic errors

B. Expectations are always adaptive

C. Agents ignore all available information

D. Agents use only past information and make systematic errors

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option A

Explanation:
Rational expectations imply that agents optimally use all available information, so that forecast errors are uncorrelated with information known at the time the expectation is formed.

This question belongs to: Economy GK Economy Set 1

Explore All Economy Set 1 MCQs