Forms of Business Organization - 2

1. 1. At least 10 adults and no maximum limit in case of ____________.

• Proprietorship

• Partnership

• Corporation

• Co - operative

2. The structure in which there is separation of ownership and management is called ___________.

• Company

• All business organizations

• Partnership

• None

3. Provision for residential accommodation to the members at reasonable rates is an objective of _______.

• Consumer Cooperative

• Credit Cooperative

• Housing Cooperative

• Producers Cooperative

4.  The maximum amount up to which a company can issue capital is called _______________.

• Authorized Capital

• Called Up Capital

• Issued Capital

• Subscribed Capital

5.  Which of the following is not a clause of a memorandum of association?

• Capital clause

• Object clause

• Director clause

• Name clause

6. 6. The company which has more than 50% of shares of other company is called __________.

• Private Company

• Subsidiary Company

• Holding Company

• Government Company

7. 7. Who register the Company?

• Collector

• DDO

• SEBI

• Company Registrar

8. 8. Which company cannot publish prospectus?

• Private

• Holding

• Public

• Government

9. 9. In public company minimum how many directors are there?

• 2

• 3

• 5

• 7

10. 10. In which form of organization human being is given more importance?

• Sole

• Company

• Partnership

• Co operative