General knowledge

what is the limit of members in case of a private company ?

• 2

• 7

• 10

• 50

The life of sole proprietorship business is

• unstable

• stable

• very short life

• long life

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

• consumer cooperative

• credit cooperative

• housing cooperative

• producers cooperative

the capital of a company is divided into number of parts each one of which are called

• share

• dividend

• profit

• interest

the maximum number of partners allowed in the banking business are

• two

• twenty

• no limit

• ten

In a corporative society the principle followed is

• one share one vote

• one man one vote

• no vote

• multiple votes

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

• company

• all business organisation

• partnership

• sole proprietorship

cooperative play an important role in :

• aerospace

• agriculture

• manufacturing

which of the following is a characteristics of a cooperative ?

• profits are not subject to income tax

• one vote per share

• dividends are paid on a per share basis

• all of the above

A ------------ provides for the greatest degree of continuity

• general partnership

• joint venture

• corporation

• sole proprietorship