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CLASS 11 MCQ

Authored by Cheme Lhamo

Business

11th Grade

Used 295+ times

CLASS 11 MCQ
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20 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Funding for Departmental Undertakings comes from which of the following sources:

Shares

Debentures

Government Treasury

Loans from Financial Institutions

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

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A partner who does not take part in the day to day activities of the business but contribute capital is known as:

Secret Partner

Sleeping Partner

Nominal Partner

Partner by holding out

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

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The eldest member of Joint Hindu Family shall become Karta. Which of the following is true about the Karta?

Only a male can become the Karta

Only a female can become the Karta

Both male or female can become the Karta

All are correct

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

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Sole proprietorship form of business is best suited for which of the following businesses:

Large scale

Medium scale

Small scale

None of these

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

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Is it compulsory for a partnership firm to get registered?

Yes

No

Depends on the nature of business

Depends on the size of the business

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

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Membership in Joint Hindu Family Business occurs by which of the following modes:

Agreement

Birth

Marriage

None of these

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

The Liability of the members in case of a Joint Stock Company is ________________

Limited

Unlimited

Equal

None of these

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