Which form of organization listed is not governed by any specific law or act?
- Private Limited Company
- Proprietorship Firm
- LLP
- Partnership Firm
Ai, ii
Bii only
Ci only
Div only
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Related Questions:
Choose the correct statement(s) regarding Non-Profit Organisations (NPOs).
NPOs are legally exempt from paying taxes and use excess funds for developmental activities rather than distributing them to shareholders.
All NPOs in India are referred to as Non-Governmental Organisations (NGOs) in international relations.
Statement: Private sector organizations are not secure in terms of employment stability.
Assertion: Non-performance or cost-cutting measures can lead to employee termination in private sector organizations.
Which of the following is correct?
With reference to public sector organizations, consider the following statements:
i. They are fully or partially owned by central, state, or local government bodies.
ii. Their primary aim is to earn profits for government stakeholders.
iii. They provide goods and services at lower rates compared to private organizations.
iv. They operate in areas such as police, military, and education.
Which of the statements given above are correct?
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.
Which of the following pairs are correctly matched according to private organisation partnership types ?
- Sole Proprietorship - A law firm
- Partnership - A local bakery
- Corporation - Google