Question

Consider the following statements about Private Organisations:
(i) They can raise funds through loans, shares, and debentures.
(ii) They operate in sectors like information technology and pharmaceuticals.
(iii) Their primary motive is public welfare over profit.

• A. (i) and (ii) only
• B. (i) and (iii) only
• C. (ii) and (iii) only
• D. (i), (ii), and (iii)

Answer 1

Answer:

A. (i) and (ii) only

• Statement (i): This is correct, private organisations raise capital through loans, shares, and debentures.

• Statement (ii): This is correct, as information technology and pharmaceuticals are listed as private sector areas.

• Statement (iii): This is incorrect because the primary motive of private organisations is to earn profits, not public welfare.
  Thus, the correct answer is A) (i) and (ii) only.