Q. The structure in which there is separation of ownership and management is called:
✅ Correct Answer: (C)
Company
Forms of Business Organisation MCQs with answers
Dear candidates you will find MCQ questions of 11th Class - Business Studies | Chapter: Forms of Business Organisation here. Learn these questions and prepare yourself for coming examinations. You can check the right answer of any question by clicking the option or by clicking view answer button.
All subjects and chapters of 11th Class are listed below. You can select any subject and chapter below to learn mcq questions of that chapter and subject.
Q. In a co-operative society, the principle followed is :
✅ Correct Answer: (B)
One man one vote
Q. The maximum number of partners allowed in the banking business are :
✅ Correct Answer: (B)
Ten
Q. The capital of a company is divided into number of parts each one of which are called:
✅ Correct Answer: (D)
Share
Q. Provision of residential accommodation to the members at reasonable rates is the objective of:
✅ Correct Answer: (C)
Housing cooperative
Q. The karta in Joint Hindu Family business has :
✅ Correct Answer: (B)
Unlimited liability
Q. The board of directors of a joint stock company is elected by :
✅ Correct Answer: (C)
Shareholders
Q. Profits do not have to be shared. This statement refers to :
✅ Correct Answer: (C)
Sole proprietorship
Q. A partner whose association with the firm is unknown to the general public is called:
✅ Correct Answer: (D)
Secret partner.
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