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Published on: 24/08/2019
Forms of Business Organisation
Download CBSE Class 11th Standard CBSE Business Studies question papers, sample papers, important questions, and previous year solved papers in PDF format. Get free study materials, NCERT solutions, and exam preparation resources for Class 11th Standard CBSE Business Studies
Questions + Answers key
Take MCQ Business Studies Test
1.
Minor can be full-fledged member of
Co-operative Society
Joint Stock Company
Joint Hindu Family
Partnership
2.
Which of the following has a separate legal entity?
Joint Stock Company
Co-operative Society
Both of the above
None of the above
3.
Name the type of company which must have a minimum paid up capital of 5 lacs.
Public Company
Private Company
Government Company
All of the above
4.
What is the minimum number of persons required to form a co-operative society
2
7
10
20
5.
Which document is called charter of a company?
Memorandum of Association
Articles of Association
Prospectus
All of the above
6.
Name the law which governs Joint Hindu Family Business
Partnership Act
Hindu Law
Companies Act, 1956
Contract Act
7.
Name the person who manages a Joint Hindu Family Business.
Manager
Minor
Members
Karta
8.
Choose the type of business in which sole proprietorship is very suitable.
CA Firm
Beauty Parlour
A shopping mall
All of these
9.
A partner whose association with the firm is unknown to the general public is called
Active partner
Sleeping partner
Nominal partner
Secret partner
10.
Provision of residential accommodation to the members at reasonable rates is the objective of
Producer's cooperative
Consumer's objective
Housing cooperative
Credit cooperative
11.
The capital of a company is divided into number of parts each one of which are called
Dividend
Profit
Interest
Share
12.
Profits do not have to be shared. This statement refers to:
Partnership
Joint Hindu family business
Sole proprietorship
Company
13.
The maximum number of partners allowed in the banking business are:
Twenty
Ten
No limit
Two
14.
In a cooperative society the principle followed is:
One share one vote
One man one vote
No vote
Multiple votes
15.
The structure in which there is separation of ownership and management is called
Sole proprietorship
Partnership
Company
All business organizations
1.
(c)
Joint Hindu Family
2.
(c)
Both of the above
3.
(a)
Public Company
4.
(b)
7
5.
(a)
Memorandum of Association
6.
(b)
Hindu Law
7.
(d)
Karta
8.
(b)
Beauty Parlour
9.
(d)
Secret partner
10.
(c)
Housing cooperative
11.
(d)
Share
12.
(b)
Joint Hindu family business
13.
(a)
Twenty
14.
(d)
Multiple votes
15.
(c)
Company
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