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
The 'Form 16' is issued by an employer to an employee and shows:
A. bank account balance
B. stock holdings
C. salary paid and tax deducted
D. loan details

Correct Answer: Option C


Explanation:
Form 16 shows salary and TDS details.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'Goods and Services Tax' on toll charges is:
A. 18%
B. exempt
C. 0%
D. 5%

Correct Answer: Option B


Explanation:
Toll charges are exempt from GST.

This question belongs to: Economy GK Economy Set 1
Question #3
Disinvestment refers to:
A. purchase of private sector equity by the government
B. sale of government equity in public sector enterprises
C. borrowing from the IMF
D. foreign investment in defence

Correct Answer: Option B


Explanation:
Disinvestment is the sale of government equity in public sector enterprises.

This question belongs to: Economy GK Economy Set 1