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CONTENTS
Accountancy
Commerce
Economics
English
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Question-1
_____ is established under a specific statue passed in the parliament.
(A)
Government company
(B)
Public corporation
(C)
Departmental undertaking
(D)
None of these
Question-2
A _____ is an association of many persons.
(A)
Company
(B)
Partnership
(C)
Sole proprietorship
(D)
None of these
Question-3
Registration is compulsory in the case of
(A)
A sole trader
(B)
A partnership
(C)
A Joint stock compay
(D)
A Joint Hindu Family
Question-4
The share capital of the government company must not be less than
(A)
75%
(B)
65%
(C)
95%
(D)
51%
Question-5
The head of the Joint Hindu Family is called
(A)
Partner
(B)
Karta
(C)
Co-partner
(D)
None of these
Question-6
In a Co- operative society all members are
(A)
Equal
(B)
Differnet
(C)
Not equal
(D)
None of these
Question-7
Which of the following is not the characterisities of sole proprietorship ?
(A)
Single Ownership
(B)
One man Control
(C)
Whole profit to proprietorship
(D)
Non- flexibility
Question-8
A _______ is a voluntary association of persons .
(A)
Company
(B)
Co-operative society
(C)
Partnership
(D)
None of these
Question-9
What is the advantages of a sole proprietorship.
(A)
Small capital
(B)
Hasty decision
(C)
Limited capital
(D)
Limited managerial ability
Question-10
_____ do the business under the control of the head of the family.
(A)
Partnership
(B)
Companies
(C)
Joint Hindu Family
(D)
None of these
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Plus 2 Commerce
Tamil Nadu (English Medium)
Practice in Related Chapters
Organisation
Sole Trader
Partnership
Joint Stock Companies -I
Joint Stock Companies II
Government in Business
Stock Exchange
Co-operatives
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