Chapter forms-of-business-organisation: Forms of Business Organisation MCQs | business studies Class 11 CBSE

Chapter forms-of-business-organisation: Forms of Business Organisation MCQs | business studies Class 11 CBSE | ByteNotes.in

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Question 1

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Which of the following forms of business organisation is governed by the Indian Partnership Act, 1932?

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Question 2

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The liability of the Karta in a Joint Hindu Family Business is:

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Question 3

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Which principle allows a third party to hold all partners liable for the act of one partner in a partnership firm?

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Question 4

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A cooperative society is registered under which Act?

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Question 5

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The maximum number of partners allowed in a partnership firm as per Rule 10 of The Companies (Miscellaneous) Rules 2014 is:

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Question 6

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Which feature of a joint stock company ensures that the company continues to exist even after the death of its members?

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Question 7

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In which form of business organisation is the membership determined by birth?

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Question 8

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A partner who lends his name to the firm but does not contribute capital, manage the firm, or share profits is called a:

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Question 9

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Which of the following is NOT a consequence of non-registration of a partnership firm?

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Question 10

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In a cooperative society, the principle governing voting rights is:

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Question 11

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Which form of business organisation is described as an 'artificial person'?

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Question 12

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A partnership formed for the completion of a specific project and dissolving automatically on its completion is called:

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Question 13

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In a limited partnership, which of the following statements is TRUE?

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Question 14

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Which type of cooperative society aims to protect consumers from exploitation by middlemen by purchasing goods in bulk directly from wholesalers?

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Question 15

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The minimum number of members required to form a public limited company is:

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Question 16

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A partner who does not participate in management but contributes capital and shares profits and losses with unlimited liability is known as:

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Question 17

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Which of the following correctly states the maximum number of members in a private limited company?

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Question 18

Objective

The written agreement that specifies all terms and conditions governing a partnership is called:

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Question 19

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Oligarchic management is a limitation associated with which form of business organisation?

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Question 20

Objective

Under the Hindu Succession (Amendment) Act, 2005, who can become a coparcener in a Joint Hindu Family Business?

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Chapter forms-of-business-organisation: Forms of Business Organisation | MCQs

Which of the following forms of business organisation is governed by the Indian Partnership Act, 1932?

The liability of the Karta in a Joint Hindu Family Business is:

Which principle allows a third party to hold all partners liable for the act of one partner in a partnership firm?

A cooperative society is registered under which Act?

The maximum number of partners allowed in a partnership firm as per Rule 10 of The Companies (Miscellaneous) Rules 2014 is:

Which feature of a joint stock company ensures that the company continues to exist even after the death of its members?

In which form of business organisation is the membership determined by birth?

A partner who lends his name to the firm but does not contribute capital, manage the firm, or share profits is called a:

Which of the following is NOT a consequence of non-registration of a partnership firm?

In a cooperative society, the principle governing voting rights is:

Which form of business organisation is described as an 'artificial person'?

A partnership formed for the completion of a specific project and dissolving automatically on its completion is called:

In a limited partnership, which of the following statements is TRUE?

Which type of cooperative society aims to protect consumers from exploitation by middlemen by purchasing goods in bulk directly from wholesalers?

The minimum number of members required to form a public limited company is:

A partner who does not participate in management but contributes capital and shares profits and losses with unlimited liability is known as:

Which of the following correctly states the maximum number of members in a private limited company?

The written agreement that specifies all terms and conditions governing a partnership is called:

Oligarchic management is a limitation associated with which form of business organisation?

Under the Hindu Succession (Amendment) Act, 2005, who can become a coparcener in a Joint Hindu Family Business?

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