Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Private, Public and Global Enterprises

Question:

Kundli Manesar Expressway Ltd is an example of which form of organisation?

Options:

Sole Propreitorship

Departmental Undertaking

Public private Partnership

Government Company

Correct Answer:

Public private Partnership

Explanation:

The correct answer is option 3- Public Private Partnership.

The Public Private Partnership model allocates tasks, obligations and risks among the public and private partners in an optimal manner. The public partners in PPP are Government entities, i.e., ministries, government departments, municipalities or state-owned enterprises. The private partners can be local or foreign international) and include businesses or investors with technical or financial expertise relevant to the project. Kundli Manesar Expressway Ltd. is an outcome of PPP Model.  This is a 135 km expressway, land has been provided by the government and surface has been laid out by the company.