1. What was the rationale for setting up Public Enterprises? Discuss the developmental objectives of the public sector.

2. What are the types of Public Enterprises audit, conducted by Comptroller and Auditor General of India and AG) How is accountability through audit exercised

3. Identify the early symptoms which lead to sickness of Public Enterprises. Briefly discuss the remedial measures to deal with it.

4. Describe the types and compositions of the Governing Boards of Public Enterprises. Also discuss their functions.

5. Write short notes on any four of the following:

Employee Share Ownership Plans (FSOPs)

Retraining

Voluntary Retirement Schemes

Price -mix

Financial Audit

6. "Privatisation is to be understood not merely in the structured sense of who owns an enterprise, but in substantive sense of how far the operations of an enterprise is brought within the discipline of market forces through measures such as liberalisation and deregulation."

With reference to the statement given above discuss briefly the disinvestment and non-­disinvestment options available for a public enterprise.

7. "The first link in the development of State Level Public Enterprises (SLPEs) is to examine whether State Government has a clearly defined policy. Unlike private enterprises the establishment of SLPEs is not a market phenomenon but the outcome of deliberate policy measures." With reference to the statement given above explain the objectives of setting up SLPEs and classification of SLPEs.