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WorksheetsForms of Business Organization
Total questions: 10
Worksheet time: 5mins
Name
Class
Date
1.
Liability of Karta in JHFB is
a)
Limited
b)
Less
c)
Unlimited
2.
The main motive of Co-operative Society is
a)
to earn profit
b)
to render service
c)
to provide gifts
3.
A Partner who is unknown to the third party
a)
Active Partner
b)
Nominal Partner
c)
Secret Partner
4.
The maximum limitation of members in Partnership firm is
a)
20
b)
10
c)
50
5.
There are minimum 3 directors in Private Company.
a)
5
b)
2
c)
1
6.
In JHFB the others members are called as KARTA
a)
Co-parceners
b)
Co-partners
c)
Shareholders
7.
Registration of Partnership is Compulsory in India
a)
Kerala
b)
Maharashtra
c)
Delhi
8.
One Share One Vote is a basic principle of Co-operative society.
a)
Owner
b)
Member
c)
Partner
9.
Minimum 5 members are required to start the Co-operative Society.
a)
15
b)
10
c)
12
10.
One man show type of business
a)
Sole trading Concern
b)
Soul Proprietorship
c)
JHFB
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