CBSE  /  Class 11  /  Business Studies  /  Forms of Business Organisation

  • 1. 
    At least 10 adults, no maximum limit in case of ________

  • Cooperative Society
  • Joint Hindu Family
  • Partnership
  • Company

  • 2. 
    What is the limit of members in case of a Private Company?

  • 2
  • 7
  • 10
  • 50

  • 3. 
    The life of sole proprietorship business is ___________

  • Unstable
  • Stable
  • Very short life
  • Long life

  • 4. 
    Provision of residential accommodation to the members at reasonable rates is the objective of

  • Consumers cooperative
  • Credit cooperative
  • Housing cooperative
  • Producers cooperative

  • 5. 
    The capital of a company is divided into number of parts each one of which are called

  • Share
  • Dividend
  • Profit
  • Interest

  • 6. 
    The maximum number of partners allowed in the banking business are

  • Two
  • Twenty
  • No limit
  • Ten

  • 7. 
    In a cooperative society the principle followed is

  • One share one vote
  • One man one vote
  • No vote
  • Multiple votes

  • 8. 
    The structure in which there is separation of ownership and management as per law is called

  • Company
  • All business organisations
  • Partnership
  • Sole proprietorship

  • 9. 
    Co-operatives play an important role in:

  • aerospace.
  • agriculture.
  • manufacturing.
  • all of the above.

  • 10. 
    Which of the following is a characteristic of a co-operative?

  • profits are not subject to income tax.
  • one vote per share.
  • dividends are paid on a per share basis.
  • all of the above.
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