The minimum paid up capital of a private company is
5 lakhs
1 lakh
2 lakhs
10 lakhs
Which of the following is not a cooperative society?
Consumers cooperative society
Merchants cooperative society
Producers cooperative society
Farmers cooperative society
Whose association with the firm is unknown to the general public?
A Secret Partner
An Active Partner
A Nominal Partner
None of these
Who bears the risk of losses in a company?
Director
Staffs
All share holders
Quick decision making is the ______________ of sole proprietorship .
Merit
Limitation
Feature
What is the main motive of a cooperative society?
To get maximum profits
Welfare of members
Welfare of society
All the above
'Each for all and all for each' is the basic principle of
Cooperative societies
Partnership
Company
Sole proprietorship
The maximum number of members in a public company is
50
20
Unlimited
The consumer's cooperative society aims at eliminating whom to achieve economy in operations?
Producers
Consumers
Middlemen
All of these
Which one of the following is not a merit of Hindu Undivided Family business?
Limited liability
Continued business existence
Limited resources
Effective control
