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Hindu Undivided Family and Partnership Model Question Paper

11th Standard

    Reg.No. :
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Commerce

Time : 02:00:00 Hrs
Total Marks : 50
    8 x 1 = 8
  1. The firm of Hindu Undivided Family is managed by whom?

    (a)

    Owner

    (b)

    Karta

    (c)

    Manager

    (d)

    Partner

  2. 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

  3. Registration of partnership is _________

    (a)

    compulsory

    (b)

    optional

    (c)

    not necessary

    (d)

    none of the above

  4. The partnership deed also called _____________

    (a)

    Articles of Association

    (b)

    Articles of Partnership

    (c)

    Partnership Act

    (d)

    Partnership

  5. A partnership is registered with __________

    (a)

    Registrar of Companies

    (b)

    Registrar of Co-operatives

    (c)

    Registrar of Firms

    (d)

    District Collector

  6. In a Joint Hindu Family Firm even a newborn baby can be a ________

    (a)

    Minor

    (b)

    Partner

    (c)

    Co-parcener

    (d)

    None of these

  7. ___________ is governed by the Indian Partnership Act.

    (a)

    Partnership Firm

    (b)

    Sole trader ship

    (c)

    Joint Hindu Family

    (d)

    None of these

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

    (a)

    10

    (b)

    15

    (c)

    20

    (d)

    25

  9. 6 x 2 = 12
  10. Who is called KARTA?

  11. Who is called a Partner?

  12. Who is a Minor?

  13. How many types of Dissolution?

  14. What is partnership firm?

  15. Who can become a partner?

  16. 5 x 3 = 15
  17. What is the meaning of Joint Hindu Family Business?

  18. Explain the nature of liability of Karta.

  19. Define Partnership.

  20. What is meant by Joint and Several Liability?

  21. What is Particular partnership?

  22. 3 x 5 = 15
  23. What is the implied authority of Karta?

  24. Write any three differences between Dissolution of Partnership and Dissolution of Firm.

  25. Write the procedure for registration of a firm.

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