CBSE Class 11 Forms of Business Organisation Multiple Choice Questions with Answers. MCQ Questions Class 11 Forms of Business Organisation with Answers Is Prepared Based on Latest Exam Pattern. Students can solve NCERT MCQ questions Class 11 Forms of Business Organisation with Answers to know their preparation level.
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MCQ Questions Class 11 Forms of Business Organisation with Answers - Set - 2
Question 1:
The Head of the joint Hindu family business is called
(a) Manager
(b) Proprietor
(c) Karta
(d) Director
Correct Answer – (C)
Question 2:
Hindu Succession Act was passed in _____________
(a) 1952
(b) 1960
(c) 1932
(d) 1956
Correct Answer – (D)
Question 3:
The form of business organization that has the largest sales volume is the:
(a) partnership.
(b) corporation.
(c) cooperative.
(d) multinational.
Correct Answer – (B)
Question 4:
A ___________ is a business with two or more owners:
(a) corporation.
(b) conglomerate.
(c) partnership.
(d) public corporation
Correct Answer – (C)
Question 5:
Which of the following is probably the most important reason for incorporating?
(a)limited liability of shareholders.
(b) more money for investment.
(c) increased flexibility.
(d)shared management.
Correct Answer – (A)
MCQ Questions Class 11 Forms of Business Organisation With Answers
Question 6:
A partner whose association with the firm is unknown to the general public is called
(a) Active partner
(b) Sleeping partner
(c) Nominal partner
(d) Secret partner
Correct Answer – (D)
Question 7:
In case of ___________ Registration is compulsory
(a) Sole Proprietorship
(b) Partnership
(c) None of these
(d) Company
Correct Answer – (D)
Question 8:
Which of the following is an advantage of a sole proprietorship?
(a) ease of starting a business.
(b) being your own boss.
(c) pride of ownership.
(d) all of the above.
Correct Answer – (D)
Question 9:
A _____________ partner is an owner who has unlimited liability and is active in managing the firm:
(a) senior partner.
(b) general partner.
(c) silent partner.
(d) limited partner.
Correct Answer – (B)
Question 10:
A __________ provides for the greatest degree of continuity:
(a)general partnership.
(b) joint venture.
(c) corporation.
(d) sole proprietorship.
