The firm of Hindu Undivided Family is managed by whom?

(a)

Owner

(b)

Karta

(c)

Manager

(d)

Partner

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

The Members in the joint Hindu family are called ________

(a)

Karta

(b)

Coparceners

(c)

Generations

(d)

Partners

A partnership is registered with _______.

(a)

Registrar of Companies

(b)

Registrar of Co-operatives

(c)

Registrar of Firms

(d)

District Collector

Name the Partner whose association with the firm is not known to the general Public ____________

(a)

Sleeping Partner

(b)

Active Partner

(c)

Nominal Partner

(d)

Secret Partner

___________ is governed by the Indian Partnership Act.

(a)

Partnership Firm

(b)

Sole trader ship

(c)

Joint Hindu Family

(d)

None of these

A Partnership firm may be registered under Act ----------

(a)

1949 Act

(b)

1956 Act

(c)

1932 Act

(d)

1890 Act

In Partnership there exists relationship of __________.

(a)

principal and agent

(b)

owner and servant

(c)

employer and employee

(d)

first and second

The Profit and loss of partnership firm is shared in the _______ among the partners.

(a)

agree ratio

(b)

equal ratio

(c)

capital ratio

(d)

none of these

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

(a)

10

(b)

15

(c)

20

(d)

25