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Free Online MCQs for Class – 11 Business Studies Chapter 2 – Forms of Business Organisation

Free Online MCQs for CBSE Class – 11 Business Studies Chapter 2 – Forms of Business Organisation with Answers. Free Online MCQs Questions for Class 11 Business Studies with Answers was Prepared Based on Latest Exam Pattern. Students can solve NCERT Class 11 Business Studies Chapter 2 – Forms of Business Organisation Multiple Choice Questions with Answers to know their preparation level on Success Roar Classes Website itself.

Free Online MCQs for Class -11 Business Studies

Chapter- 2 Forms of Business Organisation with Answers

  1. The structure in which there is separation of ownership and management is called
    1. Sole proprietorship
    2. Partnership
    3. Company
    4. All business organizations
  2. The karta in Joint Hindu family business has
    1. Limited liability
    2. Unlimited liability
    3. No liability for debts
    4. Joint liability
  3. In a cooperative society the principle followed is
    1. One share one vote
    2. One man one vote
    3. No vote
    4. Multiple votes
  4. The board of directors of a joint stock company is elected by
    1. General public
    2. Government bodies
    3. Shareholders
    4. Employee
  5. The maximum number of partners allowed in the banking business are
    1. Twenty
    2. Ten
    3. No limit
    4. Two
  6. Profits do not have to be shared. This statement refers to
    1. Partnership
    2. Joint Hindu family business
    3. Sole proprietorship
    4. Company
  7. The capital of a company is divided into number of parts each one of which are called
    1. Dividend
    2. Profit
    3. Interest
    4. Share
  8. The Head of the joint Hindu family business is called
    1. Proprietor
    2. Director
    3. Karta
    4. Manager
  9. Provision of residential accommodation to the members at reasonable rates is the objective of
    1. Producer’s cooperative
    2. Consumer’s cooperative
    3. Housing cooperative
    4. Credit cooperative
  10. A partner whose association with the firm is unknown to the general public is called
    1. Active partner
    2. Sleeping partner
    3. Nominal partner
    4. Secret partner

MCQs Questions of Class – 11 Business Studies Chapter 2 – Forms of Business Organisation

Answer Key

  1. (c)  2. (b)   3. (b)     4. (c)   5. (b)    6. (c)    7. (d)    8. (c)    9. (c)   10.  (d)

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