Aarambh

For 11TH COMMERCE

DPP:-04
Discussion
Forms of Business
Organisations
By Disha mam
 Registration of General Partnership is _________

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Q. 1

1 Optional

2 Mandatory

3 Compulsory

4 Procedure as per Law

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Q. 2 Partners with limited liability also enjoy rights in the management of
the firm. The following statement is ______

1 Correct

2 Incorrect

3 Non Related

4 None of the above

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Q. 3 A clear agreement with respect to the terms, conditions and all aspects
concerning the partners of a partnership firm is known as _________

1 Contract

2 Agreement

3 Partnership Deed

4 Partnership
Registration
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A form of business which is carried to provide service to its members is
Q. 4 known as __________

1 Sole Proprietorship

2 Partnership

3 Joint Hindu Family Business

4 Cooperative Society
Q. 5 Registration of Cooperative Society is ________

1 Optional
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2 Compulsory

3 Not Required

4 Depends on the types of Cooperative Society

 In a cooperative society, the power to take decisions lies in the hands

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Q. 6 of the ________

1 Owner

2 Board of Director

3 CEO

4 Elected Committee
Q. 7 _________ is one of the merits of cooperative soceity

1 Limited Resources
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2 Lack of secrecy

3 Government control

4 Stable existence
Q. 8 _________ is one of the demerits of cooperative soceity

1 Inefficiency in management
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2 Equality in voting status

3 Limited liability

4 Ease of formation
Q.9 Mrs. Indu started a voluntary association of 10 peoples, who are also
consumers. She collected the capital by selling shares to members and
opened a retail shop so that they can eliminate middlemen and get the

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goods at low price.

(1) State the type of organisation mentioned in above case.

(2) State any 2 merits organisation.
Q.10
State any 3 Characteristics of Cooperative Societies

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THANK- YOU