Hindu Undivided Family and Partnership Model Question Paper

11th Standard

    Reg.No. :
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Commerce

Time : 01:00:00 Hrs
Total Marks : 50
    5 x 1 = 5
  1. In the firm of Hindu Undivided Family, how one gets the membership?

    (a)

    By Agreement

    (b)

    By Birth

    (c)

    By Investing Capital

    (d)

    By Managing

  2. 'Only the male members in the family get the right of inheritance by birth' as ________

    (a)

    Hindu law

    (b)

    Mitakshara Law

    (c)

    Dayabhaga law

    (d)

    None of these

  3. ___________ is created by the operation of law.

    (a)

    Sole Proprietorship

    (b)

    Joint Hindu Family Firm

    (c)

    Co-operative Society

    (d)

    Partnership firm

  4. In Partnership there exists relationship of ___________[OR] The relationship between the partners is ------------

    (a)

    principal and agent

    (b)

    owner and servant

    (c)

    employer and employee

    (d)

    frist and second

  5. The Maximum number of members in the non-banking firm is __________

    (a)

    10

    (b)

    15

    (c)

    20

    (d)

    25

  6. 5 x 2 = 10
  7. Who is called KARTA?

  8. Who is called a Partner?

  9. Who is a Minor?

  10. What is partnership firm?

  11. Define partnership according to Kimball and Kimball.

  12. 5 x 3 = 15
  13. Write any 3 features of HUF.

  14. What is the meaning of Partnership Deed?

  15. Who is called a Secret Partner?

  16. What is unlimited liability?

  17. What is Particular partnership?

  18. 4 x 5 = 20
  19. What are the contents of Partnership Deed?

  20. Write the procedure for registration of a firm.

  21. Explain the Types of Partnership Firm?

  22. Explain the types of Partnership.

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