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प्रश्न
Distinguish Between.
Department Organisation and Statutory Corporation.
उत्तर
Points | Department Organisation | Statutory Organisation |
1. Meaning | The organisation which is owned, managed, controlled, financed, and operated by the government is known as Departmental Organisation. | The company which is formed under Special Act of Parliament or State Legislature is known as Statutory Corporation. |
2. Management | It is managed by government officials of the concerned ministry. | It is managed by a board of directors nominated by the government. |
3. Legal Status | There is no separate legal status distinct from the government. | The statutory company has a separate legal status distinct from the government. |
4. Borrowing power | The departmental undertaking cannot borrow from the public. It has to depend on the budget allocated by the government. | Statutory Companies can borrow from the public by issue of shares and debentures. |
5. Control | It is controlled by the concerned ministry. | It is controlled by the government by the Act of Parliament or State Legislature. |
6. Capital | The capital of the departmental organisation comes from the annual budget appropriations of the government. | Capital for the statutory company comes from Central or State Government. |
7. Formation | It is formed through Executive decisions taken by the concerned ministry. | It is formed by passing a Special Act in the Parliament or in the State Legislature. |
8. Flexibility | It has low flexibility in its operation. | It has moderate flexibility in its operation |
9. Autonomy | It does not have autonomy in decision making. | It has autonomy in decision making. |
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संबंधित प्रश्न
Select the correct option and rewrite the sentence:
Departmental Organisation is financed through __________________ Appropriations made by the legislature.
Give one word/phrase/term.
The organisation which is owned, managed, controlled, and financed by government.
Give one word/phrase/term.
The oldest form of business organisation under the public sector.
Give one word/phrase/term.
The organisation which performs it’s all activities as an integral part for government only.
Give one word/phrase/term.
The organisation which is financed through annual budget appropriations made by the legislature.
Give one word/phrase/term.
The organisation in which there is direct and absolute control of government over the enterprise.
State True or False.
Departmental organisation performs its all activities separately from the government.
State True or False.
There is large scope for the initiative and skill in departmental organisation.
State True or False.
In departmental organisation there is flexibility in operations.
State True or False.
Departmental organisation is the oldest form of business organisation under public sector.
Answer in one sentence.
What is a Departmental Organisation?
Explain the following term/concept.
Departmental Organisation.
Study the following case/situation and express your opinion.
- Name the business organisation, which is self-financed, delegates authority, and run by the government as an integral part of it.
- State any two merits of this organisation.
Answer in brief.
State any four features of the Departmental Organisation.
Justify the following statement.
Departmental Organisations are run for providing public services.
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. |