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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:

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.

Assertion (A): Private sector organisations are more likely to offer higher salary packages and better incentives compared to public sector organisations.
Reason (R): Private sector organisations operate in a competitive environment and base promotions on merit and job performance.
Select the correct answer from the codes given below:

Assertion (A): Public sector organisations primarily focus on providing goods and services to the general public at relatively lower costs compared to private sector organisations.
Reason (R): The capital for public sector organisations is primarily sourced from tax collections, excise duties, and government-issued bonds.
Select the correct answer from the codes given below:

Consider the following statements about the differences between Public and Private Organisations:
(i) Public organisations source capital from taxes and bonds, while private organisations use loans and shares.
(ii) Public sector areas include police and military, while private sector areas include finance and hospitality.
(iii) Both public and private organisations have identical promotion criteria based on seniority.
Which of the statement(s) given above is/are correct?

Consider the following statements about the employment benefits in public and private sector organisations:
i. Public sector organisations offer job security and retirement benefits.
ii. Private sector organisations offer higher salary packages and merit-based promotions.
iii. Public sector promotions are primarily based on merit and performance.
Which of the statements given above is/are correct?