Challenger App

No.1 PSC Learning App

1M+ Downloads
How many types of organizations are there?

A2

B4

C3

D5

Answer:

C. 3

Read Explanation:

image.png

Related Questions:

Choose the correct statement(s) regarding Private Organisations.

  1. Private organisations can include entities like sole proprietorships, partnerships, and multinational corporations.

  2. The New Economic Policy of 1991 restricted private sector participation in most Indian industries.

Which of the following statements about Sole Proprietorship is/are correct?

  1. It is owned and operated by one person.
  2. The owner has unlimited personal liability for all debts.
  3. It is a separate legal entity from its owner.

    With reference to Private Organisations, which of the following statements are correct?

    1. Private organisations can raise capital through issuing shares and debentures.

    2. They operate in sectors like information technology, hospitality, and pharmaceuticals.

    3. Their primary motive is to provide public services at subsidized rates.

    Choose the correct statement(s) regarding Non-Profit Organisations (NPOs).

    1. NPOs are legally exempt from paying taxes and use excess funds for developmental activities rather than distributing them to shareholders.

    2. All NPOs in India are referred to as Non-Governmental Organisations (NGOs) in international relations.

    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