Which of the following is NOT a type of public enterprise based on ownership? MCQ with Answer and Explanation

Which of the following is NOT a type of public enterprise based on ownership?
A. Government company
B. Public corporation
C. Departmental undertaking
D. Private limited company with no government share
Answer: Option D
Solution (By JKSSB Mock Tests)
Public enterprises are owned wholly or substantially by the government and include departmental undertakings, public corporations and government companies. A purely private limited company is not a public enterprise.

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Practice More Economy Set 1 Questions

Question #1
In the context of monetary policy implementation, the 'Corridor System' refers to:
A. Only the range of inflation targets
B. The arrangement in which the policy rate is kept within a standing-facility corridor defined by the lending and deposit rates of the central bank
C. Only the range of fiscal targets
D. The absence of any standing facilities

Correct Answer: Option B


Explanation:
In a corridor system the central bank’s overnight lending rate and deposit rate form a corridor within which the interbank rate fluctuates; open-market operations keep the market rate near the centre of the corridor.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'PM Formalization of Micro Food Processing Enterprises' scheme is associated with which sector?
A. Steel
B. Textiles
C. IT services
D. Food processing

Correct Answer: Option D


Explanation:
PM FME scheme supports micro food processing enterprises.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'People's Bank of China' is the central bank of:
A. India
B. Vietnam
C. China
D. Japan

Correct Answer: Option C


Explanation:
The People's Bank of China is China's central bank.

This question belongs to: Economy GK Economy Set 1