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प्रश्न
Select the proper option from the options given below and rewrite the completed sentence.
Business organization which is controlled by Hindu succession Act is known as ________
विकल्प
Joint stock company
partnership firm
Joint Hindu family firm
उत्तर
Business organisation which is controlled by Hindu Succession Act is known as joint Hindu family firm.
Explanation:
A joint Hindu family business is governed by the Hindu Succession Act. Enacted in 1956, it specifies the rights and liabilities of coparceners. This law has further extended the line of co-parcenery to the daughters in a joint Hindu family.
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संबंधित प्रश्न
The maximum number of partners for a firm carrying on banking business is .............. .
Select the proper option from the options given below and rewrite the completed sentence.
From the point of continuity ________ business organizations is the most suitable.
Match the correct pairs.
| Group “A” | Group “B” | ||
| a) | Private company | 1) | Compulsory |
| b) | Public company | 2) | Minimum 7 members |
| c) | Common Seal | 3) | Maximum 50 members |
| d) | Registration of a company | 4) | 61% share capital |
| e) | Government company | 5) | 51% share capital |
| 6) | Symbol of a company | ||
| 7) | Optional | ||
| 8) | Simple formation | ||
| 9) | Easy dissolution | ||
| 10) | Hindu succession Act 1956 |
Write a word or a phrase or a term which can substitute the following.
The type of commercial organization established for providing services to its members.
Write a word or a phrase or a term which can substitute the following.
The commercial organization which has maximum secrecy.
Write short note on the following.
Merits of Joint Hindu family
Write short note on the following.
Demerits of Co-operative society
State with reasons whether the following statement true or false.
There is no limit for membership in Joint Hindu family Business.
State with reasons whether the following statement true or false.
The ownership and management are not separate in Joint stock company.
State with reasons whether the following statement true or false.
The main purpose of a co-operative organization is to earn profit.
State with reasons whether the following statement is true or false.
The owner of the sole proprietorship is the sole decision maker of his business.
State with reasons whether the following statement is true or false.
A sole trading concern is easiest to form.
Write short answer of the following.
State the types of partnership firm.
Long answer type question.
Define partnership firm. Explain its merits and demerits.
Long answer type question.
Define Co-operative society. Explain its features.
Long answer type question.
Define Joint Stock Company. Explain its merits and demerits.
Why is it important to choose an appropriate form of organisation?
