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Select the Proper Option from the Options Given Below and Rewrite the Completed Sentence. the Head of Joint Hindu Family Business is Called as ________. - Organisation of Commerce and Management

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Question

Select the proper option from the options given below and rewrite the completed sentence.
The Head of Joint Hindu family Business is called as ________.

Options

  • Proprietor

  • Karta

  • Director

MCQ

Solution

The head of a joint Hindu family business is called Karta.
Explanation:
The Karta is the eldest male member of a joint Hindu family who controls and manages the joint Hindu family business. He takes all the decisions relating to the family business and has unlimited liability.

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Chapter 1: Forms of Business Organisations - Select the proper option [Page 36]

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Micheal Vaz Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
Chapter 1 Forms of Business Organisations
Select the proper option | Q 9 | Page 36

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