List – I List – II a. Indian Railways i. Government Company b. Unit Trust of India ii. Department Undertaking c. Bharat Heavy Electricals Limited iii. Statutory Corporation
Matching Organization Types: Indian Railways, UTI, BHEL
This question requires matching specific organizations from List-I with their corresponding organizational types in List-II.
Analyzing List-I Items
- a. Indian Railways: This is a government department that runs the railway system. It is classified as a Department Undertaking.
- b. Unit Trust of India (UTI): Established by an Act of Parliament (The Unit Trust of India Act, 1963), it functions as a Statutory Corporation.
- c. Bharat Heavy Electricals Limited (BHEL): Incorporated under the Companies Act and owned by the government, it is defined as a Government Company.
Determining the Correct Match
Based on the analysis:
- Indian Railways (a) matches with Department Undertaking (ii).
- Unit Trust of India (b) matches with Statutory Corporation (iii).
- Bharat Heavy Electricals Limited (c) matches with Government Company (i).
The correct matching code is therefore a - ii, b - iii, c - i.
Important Questions from Business organizations
Besides banks, the other formal major source of cheap credit in rural areas, are :
Which one of the following is NOT a market-oriented definition of a business?
Arrange in the sequence, steps in the procedure for calling a statutory meeting of the company
A. Contents of the statutory report
B. A list of members must be produced at the commencement
C. Twenty-one days notice
D. Certification of the statutory report by not less than two directors, one of whom must be the managing director
E. A certified copy of the statutory report must be delivered to the Registrar
Choose the correct answer from the options given below
Given below are two statements, one is labelled as Assertion A and the other is labelled as Reason R
Assertion A: Two companies with the same general earning power and same general position in an industry, the one paying larger dividend will almost always sell at a higher price
Reason R: The discounted value of near dividends is higher than the present worth of distant dividends
In light of the above statements, choose the most appropriate answer from the options given below
Which of the following statements are false? Indicate the correct code.
(A) No company has to file any prescribed declaration before commencement of business.
(B) A company can ratify the contract entered into by the promoters with third parties on behalf of the company before its formation.
(C) The date mentioned in the certificate for commencement of business is taken as the date of birth of a public company.
(D) A private company has to file a "Settlement in lieu of prospectus" with the registrar.
Choose the correct answer from the options given below:
