Andhra Pradesh (English Medium) Std 8 Study Materials, Online Learning, Question Papers, Classnotes, Practice Test, MCQ | Smartindia Educational Program : www.smartindia.net.in

Question-1
Which one of the following is a paper in which the company promises to pay the holder of the certificate a part of the company's profits?

(A) Divident Certificate	(B) Share certificate
(C) Profit Certificate	(D) Market Certificate

Question-2
Which one of the following is the limitation of sole trade?

(A) Limited liability	(B) Unlimited liability
(C) Sense of accomplishment	(D) Direct incentive

Question-3
In a co-operative society

(A) One share one vote principle is followed	(B) One man one vote principle is followed.
(C) A member must have 2 votes	(D) Shares are transferable

Question-4
Which of the following is NOT the characteristic of sole partnership?

(A) Single ownership	(B) One man control
(C) Whole profit to proprietorship	(D) Non flexibility

Question-5
The capital of the company is divided into small units called

(A) Debentures	(B) Shares
(C) Bonds	(D) Drafts

Question-6
Land includes

(A) Heat	(B) Air
(C) Light	(D) All of the above

Question-7
Which one of the following company shares cannot be sold to the public?

(A) Public limited company	(B) Private limited company
(C) Joint stock company	(D) Co-opertives

Question-8
The person who manages sole trading concern is known as

(A) Partner	(B) Sole trader
(C) Karta	(D) Stock brocker

Question-9
Any one who holds or buys a share in a company is called

(A) Partner	(B) Proprietor
(C) Share holder	(D) Stock brocker

Question-10
Which one of the following share is decided by the amount of money each partner has contributed to the business?

(A) Profit	(B) Land
(C) Labours	(D) Capital

Click here to see your answersheet and detailed track records.

Std 8

Andhra Pradesh (English Medium)

Practice in Related Chapters
Basic Economic Concepts
Basic Aspects of Production
Exchange
Problems of Distribution