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WorksheetsBusiness Studies - Class XI - Chapter 2
Total questions: 10
Worksheet time: 10mins
At least 10 adults, no maximum limit in case of ________
Cooperative Society
Joint Hindu Family
Partnership
Company
What is the limit of members in case of a Private Company?
2
7
10
50
The life of sole proprietorship business is ___________
Stable
Unstable
Very short life
Long life
Provision of residential accommodation to the members at reasonable rates is the objective of
Consumers 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 cooperative 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
Partnership
All business organisations
Sole Proprietorship
Co-operatives play an important role in:
Aerospace
Agriculture
Manufacture
All of the above
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.
