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Answer in one sentence. What is Statutory Corporation? - Organisation of Commerce and Management

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प्रश्न

Answer in one sentence.

What is Statutory Corporation?

एक पंक्ति में उत्तर

उत्तर

Statutory Corporation is an autonomous corporate body created by the special act of the parliament or state legislature with defined powers, functions and duties.

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Statutory Corporation
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 5: Forms of Business Organisation - 2 - EXERCISE [पृष्ठ ११४]

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बालभारती Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board
अध्याय 5 Forms of Business Organisation - 2
EXERCISE | Q 1. G) 3) | पृष्ठ ११४

संबंधित प्रश्न

Select the correct option and rewrite the sentence:

A _________ is an autonomous corporate body created by the special Act of the Parliament or State legislature.


Select the correct option and rewrite the sentence:

A statutory corporation is answerable to ___________ Or state assembly whosoever creates it.


Give one word/phrase/term.
An autonomous corporate body created by the Special Act of the parliament or state legislature with defined powers, functions, and duties.


Give one word/phrase/term.
An organisation which is answerable to parliament or state assembly whosoever creates it.


Complete the sentence.

A ___________ has defined powers, functions and duties.


Correct the underlined word and rewrite the following sentence.

A Statutory Corporation is not answerable to parliament or state assembly.


Explain the following term/concept.

Statutory Corporation.


Distinguish Between Government Company and Statutory Corporation. 


Justify the following statement.

There is no political interference in statutory corporations.


Justify the following statement.

There is professional management in statutory corporation.


Attempt the following.

Merits of Statutory Corporation.


Attempt the following.

Demerits of Statutory Corporation.


Answer the following in detail.

Explain merits and demerits of Statutory Corporation.


Match the pairs.

Group A Group B 
A) BHEL 1) Special Legislature
B) Statutory Corporation 2) 49% paid up capital by govt.
C) Departmental Organisation 3) Service Motive
D) Private Sector 4) Railway
E) Public Sector 5) Profit Motive
  6) 51% paid up capital by govt.

Match the pairs.

Group ‘A’ Group ‘B’
A) BHEL 1) Special Legislature
B) Statutory Corporation 2) 49% paid up capital by govt.
C) Departmental Organisation 3) Service Motive
D) Private Sector 4) Railway
E) Public Sector 5) Profit Motive
    6) 51% paid up capital by govt.

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