मराठी

Distinguish Between. Department Organisation and Statutory Corporation. - Organisation of Commerce and Management

Advertisements
Advertisements

प्रश्न

Distinguish Between.

Department Organisation and Statutory Corporation.

फरक स्पष्ट करा

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.
shaalaa.com
Departmental Organisation
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 5: Forms of Business Organisation - 2 - EXERCISE [पृष्ठ ११५]

APPEARS IN

बालभारती Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board
पाठ 5 Forms of Business Organisation - 2
EXERCISE | Q 4. 2) | पृष्ठ ११५

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 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.

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.

There is always problem of red tapism and bureaucracy in departmental organisation.


Answer in one sentence.

What is a Departmental Organisation?


Correct the underlined word and rewrite the following sentence.

Departmental Organisation has separate existence from the government.


Study the following case/situation and express your opinion.

  1. Name the business organisation, which is self-financed, delegates authority, and run by the government as an integral part of it.
  2. State any two merits of this organisation.

Distinguish Between.

Departmental Organisation and Multinational Corporation.


Answer in brief.

State any four features of the Departmental Organisation.


Justify the following statement.

Departmental Organisations are run for providing public services.


Attempt the following.

Demerits of Departmental Organisation.


Answer the following in detail.

Explain the merits and demerits of departmental Organisation.


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.

Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×