Form of Business Organization – TEST 1 (MCQ Maharashtra-12th Board)
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#1. The Karta is ________ liable for business debts of business.
#2. The agreement signed between the partner is called____
#3. In India we have____ partnership
#4. ______ Partner tends his name only
#5. _____ Partner does not take active part in day to day business activities.
#6. The liability of a general partner is ____
#7. A partner is regarded to be _______ of a firm.
#8. In partnership business liability of a partner is ______
#9. Each partners in partnership firm is _____ of another
#10. Member of a partnership firm are individually know as ____
#11. Maximum number of partnership in a non banking business is ____
#12. Maximum number of partners in partnership firm running banking business is ____
#13. ______ Organization has minimum two members.
#14. The maximum number of co-parceners in a Joint Hindu Family Business are_____
#15. The Co-parenary rights are applicable on to _____
#16. The Liability of sole trader is _____________
#17. The Life of Joint Hindu Family business is _____
#18. The liability of Karta is ______
#19. Joint Hindu Family business exits in _______ only
#20. A member in joint Hindu Family business other than karta is called ____
#21. A Sole Trader is known for taking____
#22. A sole trading concerns is ______ form of business organization.
#23. A proprietorship is a ________ Organization
#24. Capital rising capacity of a sole trader is _____
#25. __________ is suitable for self-employment
#26. Sole Trading Concern operates in a _______ Market
#27. Maximum number of member is a Sole Trading Concern is _____ OR A Sole Proprietorship has__________ Owner.
#28. A sole trading concern ensure __________ business secrecy.
#29. A sole trading concern has ______ independent legal status,
#30. The market suitable for Sole Trading Concern is ____________