Question

04. In case of admission of a new partner the amount of goodwill premium brought in by him/her will be shared by the old partners in their:
(a) Old profit sharing ratio
(b) New profit sharing ratio
(c) Sacrificing ratio
(d) Gaining ratio

5. in the absence of partnership deed, partners will get interest on their capitals: 1
( (a) at the rate of 12% p.a.
(b) at the rate of 18%p.d.
(c) at market rate
(d) will not get any interest


06. The minimum number of members in a public limited company is:
(a) 2. (b) 7
(c) 10
(d) 20

07. The minimum paid up capital or a private company is :
(a) Rs.1 lakh (b) Rs. 5 lakh
(c) Rs. 20 lakh
(d) Rs.10 lakh​

Answer 1

Answer:

04. - (c) sacrificing ratio

05. - (d) will not get any interest

06. - (b) 7

07. - (a) Rs. 1 lakh