Class 11 Business Studies MCQ Quiz

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Aman Kumar Arya

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Class 11 Business Studies MCQ Quiz


Class 11 Business Studies MCQ QuizVersión en línea Test your basic business knowledge! por Aman Kumar Arya 1 Which of the following is not a feature of a joint stock company? a Separate legal entity b Transferability of shares c Unlimited liability d Perpetual succession 2 Which form of business organisation is best suited for raising large capital? a Partnership b Cooperative society c Sole proprietorship d Joint stock company 3 In a partnership firm, mutual agency means a Partners can act on behalf of each other b Only senior partners manage the firm c Each partner is independent d External agents manage the business 4 Which act governs partnership firms in India? a Companies Act, 2013 b Contract Act, 1872 c Cooperative Societies Act, 1912 d Partnership Act, 1932 5 Which type of partner does not take part in day-to-day activities but still shares profit and loss? a Dormant partner b Active partner c Nominal partner d partner by estoppel 6 Which of the following is true about a private company? a It must have at least 7 members b Shares are freely transferable c It can start business after getting the certificate of incorporation d It must issue a prospectus 7 In a cooperative society, surplus is distributed in which manner? a Equally to all b Based on voting rights c In proportion to transactions with the society d According to shareholding 8 Which of the following is not required for forming a joint stock company? a Certificate of incorporation b Certificate of incorporation c Partnership deed d Articles of Association 9 A minor can be admitted into a partnership? a For profits only b Only after turning 18 c Only with government approval d As a full partner 10 Which business form has the least possibility of conflict among members? a Sole proprietorship b Joint stock company c Cooperative society d Partnership firm 11 What is the maximum number of members in a private company? a 30 b 50 c 200 d No limit 12 Which of these is an artificial person created by law? a Company b Partner c Karta d Proprietor 13 Which document defines the external objectives and powers of a company? a Partnership deed b Prospectus c Articles of Association d Memorandum of Association 14 The business run by the Karta is based on a Contract Act b Hindu Succession Act c Companies Act d Trust Act 15 Which form of business is most suitable for rendering professional services like legal or medical consultancy? a Company b Partnership c Cooperative d Sole proprietorship

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Class 11 Business Studies MCQ Quiz

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Class 11 Business Studies MCQ QuizVersión en línea

por Aman Kumar Arya

Which of the following is not a feature of a joint stock company?

Which form of business organisation is best suited for raising large capital?

In a partnership firm, mutual agency means

Which act governs partnership firms in India?

Which type of partner does not take part in day-to-day activities but still shares profit and loss?

Which of the following is true about a private company?

In a cooperative society, surplus is distributed in which manner?

Which of the following is not required for forming a joint stock company?

A minor can be admitted into a partnership?

Which business form has the least possibility of conflict among members?

What is the maximum number of members in a private company?

Which of these is an artificial person created by law?

Which document defines the external objectives and powers of a company?

The business run by the Karta is based on

Which form of business is most suitable for rendering professional services like legal or medical consultancy?