Back
0

Types of Government Corporations

Description: Test your knowledge about the various types of government corporations and their characteristics.
Number of Questions: 15
Created by:
Tags: government corporations public administration political science
Start the Quiz
Attempted 0/15 Correct 0 Score 0
‹
›

Which of the following is a primary purpose of government corporations?

  1. To provide essential public services

  2. To generate revenue for the government

  3. To regulate private businesses

  4. To conduct scientific research

Show answer
Correct Option: A
Explanation:

Government corporations are typically established to provide essential public services that cannot be effectively provided by the private sector.

What is the primary difference between a government corporation and a government agency?

  1. Government corporations are profit-making entities, while government agencies are not.

  2. Government corporations are independent of government control, while government agencies are not.

  3. Government corporations are typically larger than government agencies.

  4. Government corporations are typically responsible for providing public services, while government agencies are not.

Show answer
Correct Option: A
Explanation:

Government corporations are typically established to operate on a commercial basis and generate profits, while government agencies are typically funded by government appropriations and do not generate profits.

Which of the following is an example of a government corporation?

  1. The United States Postal Service

  2. The Federal Reserve

  3. The Environmental Protection Agency

  4. The National Aeronautics and Space Administration

Show answer
Correct Option: A
Explanation:

The United States Postal Service is a government corporation that provides postal services to the public.

What is the primary source of funding for government corporations?

  1. Government appropriations

  2. Taxes

  3. Fees and charges for services

  4. Borrowing from private lenders

Show answer
Correct Option: C
Explanation:

Government corporations typically generate revenue through fees and charges for the services they provide.

Which of the following is a characteristic of government corporations?

  1. They are subject to the same laws and regulations as private businesses.

  2. They are exempt from taxes.

  3. They are not subject to government oversight.

  4. They are required to operate on a commercial basis.

Show answer
Correct Option: D
Explanation:

Government corporations are typically required to operate on a commercial basis, meaning they must generate enough revenue to cover their costs.

What is the primary purpose of a government-sponsored enterprise (GSE)?

  1. To provide financial assistance to businesses

  2. To regulate private businesses

  3. To provide essential public services

  4. To conduct scientific research

Show answer
Correct Option: A
Explanation:

Government-sponsored enterprises are typically established to provide financial assistance to businesses in specific sectors, such as housing, agriculture, and education.

Which of the following is an example of a government-sponsored enterprise?

  1. The United States Postal Service

  2. The Federal Reserve

  3. The Federal National Mortgage Association (Fannie Mae)

  4. The National Aeronautics and Space Administration

Show answer
Correct Option: C
Explanation:

The Federal National Mortgage Association (Fannie Mae) is a government-sponsored enterprise that provides financial assistance to the housing sector.

What is the primary difference between a government corporation and a government-sponsored enterprise?

  1. Government corporations are profit-making entities, while government-sponsored enterprises are not.

  2. Government corporations are independent of government control, while government-sponsored enterprises are not.

  3. Government corporations are typically larger than government-sponsored enterprises.

  4. Government corporations are typically responsible for providing public services, while government-sponsored enterprises are not.

Show answer
Correct Option: C
Explanation:

Government corporations are typically larger and have a broader range of responsibilities than government-sponsored enterprises.

Which of the following is a characteristic of a government-sponsored enterprise?

  1. They are subject to the same laws and regulations as private businesses.

  2. They are exempt from taxes.

  3. They are not subject to government oversight.

  4. They are required to operate on a commercial basis.

Show answer
Correct Option:
Explanation:

Government-sponsored enterprises are subject to government oversight and regulation, typically by a federal agency.

What is the primary purpose of a public authority?

  1. To provide essential public services

  2. To regulate private businesses

  3. To provide financial assistance to businesses

  4. To conduct scientific research

Show answer
Correct Option: A
Explanation:

Public authorities are typically established to provide essential public services, such as transportation, water, and electricity.

Which of the following is an example of a public authority?

  1. The United States Postal Service

  2. The Federal Reserve

  3. The Port Authority of New York and New Jersey

  4. The National Aeronautics and Space Administration

Show answer
Correct Option: C
Explanation:

The Port Authority of New York and New Jersey is a public authority that provides transportation and other services in the New York City metropolitan area.

What is the primary difference between a government corporation and a public authority?

  1. Government corporations are profit-making entities, while public authorities are not.

  2. Government corporations are independent of government control, while public authorities are not.

  3. Government corporations are typically larger than public authorities.

  4. Government corporations are typically responsible for providing public services, while public authorities are not.

Show answer
Correct Option:
Explanation:

Public authorities are typically established to provide essential public services, while government corporations are typically established to operate on a commercial basis.

Which of the following is a characteristic of a public authority?

  1. They are subject to the same laws and regulations as private businesses.

  2. They are exempt from taxes.

  3. They are not subject to government oversight.

  4. They are required to operate on a commercial basis.

Show answer
Correct Option:
Explanation:

Public authorities are subject to government oversight and regulation, typically by a state or local government.

What is the primary purpose of a mixed-ownership corporation?

  1. To provide essential public services

  2. To regulate private businesses

  3. To provide financial assistance to businesses

  4. To conduct scientific research

Show answer
Correct Option: A
Explanation:

Mixed-ownership corporations are typically established to provide essential public services, such as transportation, water, and electricity.

Which of the following is an example of a mixed-ownership corporation?

  1. The United States Postal Service

  2. The Federal Reserve

  3. The Tennessee Valley Authority

  4. The National Aeronautics and Space Administration

Show answer
Correct Option: C
Explanation:

The Tennessee Valley Authority is a mixed-ownership corporation that provides electricity and other services in the Tennessee Valley region.

- Hide questions
ADVERTISEMENT

Find more quizzes from top tags

general knowledge
3615 Quizzes
119858 Questions
 technology
307 Quizzes
36705 Questions
 sports
963 Quizzes
19148 Questions
 history
1187 Quizzes
13475 Questions
 physics
598 Quizzes
13441 Questions
 biology
1160 Quizzes
12174 Questions
 science & technology
551 Quizzes
11015 Questions
 chemistry
490 Quizzes
9892 Questions
 maths
518 Quizzes
9324 Questions
 softskills
0 Quizzes
7131 Questions