11th Grade > Business Studies
FORMS OF BUSINESS ORGANISATION MCQs
Total Questions : 30
| Page 1 of 3 pages
Answer: Option A. ->
True
:
A
:
A
True. Sole proprietorship, the owner takes all decisions and is in full control of the business which leads to quick decision making.
Answer: Option B. ->
Lack in continuity
:
B
:
B
Lack in continuity
Answer: Option A. ->
Farmers' Cooperative
:
A
:
A
Farmers' cooperatives are set up to protect the interest of farmers by providing better inputs at a reasonable rate.
Answer: Option B. ->
2-200
:
B
:
B
The range of members is between 2 and 200, then it is called a private company.
Answer: Option C. ->
Public Private Partnerships
:
C
:
C
PPP - Public Private Partnerships
Answer: Option B. ->
Public Private Partnership
:
B
:
B
The government gives money to a company to build the roads for efficient and smooth transport is a public private partnership.
Answer: Option A. ->
True
:
A
:
A
True. Credit cooperatives are set up to provide easy credit on reasonable terms to the members.
Answer: Option B. ->
Joint Stock Company
:
B
:
B
Two individuals want to start an organisation but have a limited liability can only form a company.
Answer: Option C. ->
7
:
C
:
C
Public company to form requires a minimum of 7 members to form.
Answer: Option B. ->
False
:
B
:
B
False. Dormant partners do add capital at the same time don't get involved in the day to day management.
Latest Videos
Latest Test Papers
Login With Google
Old way of Login
Login With Email