Challenger App

No.1 PSC Learning App

1M+ Downloads

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:

A. (i) and (ii) only

Read Explanation:

  • 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.


Related Questions:

Which of the following statements is/are correct about non-profit organisations (NPOs)?
i. NPOs are legally recognized as tax-exempt entities in India.
ii. They distribute excess profits to shareholders or members.
iii. They are expected to operate independently from the government.
iv. Their primary objective is to serve public or social purposes.

Which of the following statements are correct?

  1. Government entities include only the National Governments.
  2. State Governments and Local Governments are also types of government entities.
  3. Other Authorities are recognized as a category of government entity.

    Which of the following pairs are correctly matched according to private organisation partnership types ?

    1. Sole Proprietorship - A law firm
    2. Partnership - A local bakery
    3. Corporation - Google

      Which of the following statements is/are correct about private sector organisations?
      i. They can raise capital through loans, shares, and debentures.
      ii. They are completely free from government regulations.
      iii. They focus on customer needs to ensure long-term survival.
      iv. They include entities like sole proprietorships, partnerships, and multinational corporations.

      Consider the following statements about private sector organisations:
      i. They can be small-scale, medium-scale, or large-scale entities.
      ii. They offer greater job security compared to public sector organisations.
      iii. Their capital is raised through private investments, loans, or issuing shares.
      Which of the statements given above is/are correct?