Question

3. In a cooperative society, the principle followed is:
a) One share one vote
b) One man one vote
c) No vote
d) Multiple votes
4. The board of directors of a joint stock company is elected by:
a) General public
b) Government bodies
c) Shareholders
d) Employees
5. The minimum number of partners required are:
a) Twenty
b) Two
c) No limit
d) Three
6. Profits do not have to be shared. This statement refers to:
a) Partnership
b) Joint Hindu Family Business
c) Sole proprietorship
d) Company
7. The capital of a company is divided into number of parts each one of which are called:
a) Dividend
b) Profit
c) Interest
d) Share
8. The head of the Joint Hindu Family business is called;
a) Proprietor
b) Director
c) Karta
d) Manager
9. Provision of residential accommodation to the members at reasonable rates is the
objectives of:
a) Producer's cooperative
b) Consumer's cooperative
c) Housing cooperative
d) Credit cooperative​

Answer 1

Hello !

3. a)one man one vote.

4. c)shareholders.

5. b)two.

6. c) Sole proprietorship.

7. d) Share.

8. c) Karta .

9. c) Housing cooperative.

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