CLASS 11 MCQ
Quiz
•
Business
•
11th Grade
•
Practice Problem
•
Medium
Cheme Lhamo
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20 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Funding for Departmental Undertakings comes from which of the following sources:
Shares
Debentures
Government Treasury
Loans from Financial Institutions
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A partner who does not take part in the day to day activities of the business but contribute capital is known as:
Secret Partner
Sleeping Partner
Nominal Partner
Partner by holding out
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The eldest member of Joint Hindu Family shall become Karta. Which of the following is true about the Karta?
Only a male can become the Karta
Only a female can become the Karta
Both male or female can become the Karta
All are correct
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Sole proprietorship form of business is best suited for which of the following businesses:
Large scale
Medium scale
Small scale
None of these
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Is it compulsory for a partnership firm to get registered?
Yes
No
Depends on the nature of business
Depends on the size of the business
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Membership in Joint Hindu Family Business occurs by which of the following modes:
Agreement
Birth
Marriage
None of these
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The Liability of the members in case of a Joint Stock Company is ________________
Limited
Unlimited
Equal
None of these
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