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Free MCQ’s Quiz on Class 11 Business Studies – Chapter 2 – Forms of Business Organisation – Set 2

Free MCQ’s Quiz for Class 11 Business Studies – Chapter 2 – Forms of Business Organisation with Answers are prepared based on the latest CBSE Exam Pattern for the Academic Session. Students can solve NCERT based Class 11th Business Studies – ‘Forms of Business Organisation’ Multiple Choice Questions with Answers to know their preparation level on the Success Roar Classes website.

Here, we have provided Free MCQ’s Quiz on Class 11 Business Studies- Chapter 2 – Forms of Business Organisation. The Forms of Business Organisation consist of different forms of business organisation. Their characteristics, merits and limitations, suitability, and the steps involved in their formation.

To make you perfect in this topic – Forms of Business Organisation, we are here with a set of MCQs Quiz that will help you in brushing up the understanding of the concepts.

Free MCQ’s on Forms of Business Organisation.



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#1. There must be at least ten adults, with no upper limit in the event of _______.

#2. In the case of a private company, what is the maximum number of members?

#3. The lifespan of a sole proprietorship is

#4. A partner whose involvement with the firm is not widely recognised is referred to as:

#5. It is a type of business organisation that is owned, managed, and controlled by a single person who receives all profits and bears all risks. Determine the concept.

#6. What do you mean by "unlimited liability"?

#7. The goal of the organisation is to provide affordable residential housing to its members.

#8. In ________, the Hindu Succession Act was passed.

#9. A prospectus is published by

#10. The capital of a firm is divided into several sections, each of which is referred to as:


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