Question

HEY GUYS PLS ANSWER MY QUESTION I LL GIVE U 15 THANKS I PROMISE THIS IS MY NEW ID
Liability of partners in respect of the firms debt is:
(i) Limited upto the amount of their Capital in the business
(ii) Unlimited
(iii) Limited upto the amount of Guarantee given by the Partner
(iv) Both (i) and (ii) above

A Proposed name of Company is considered is registered.
(i) It is identical with the name of an existing company
(ii) It resembles closely with the name of an existing company
(iii) It is an emblem of government of India, united nations etc
(iv) In case of any of the above

Public sector organizations are managed by
(i) Officers appointed from private sector
(ii) Government employees
(iii) Mix of individuals from public and private sectors
(iv) People selected through public examination system

A person gets his stock worth ` 60,000 insured for `80,000. A fire occurs and the whole stock gets
damaged. The insurance company admits a claim of `60,000 only and not `80,000. Identify the
principle of insurance being applied.
(i) Principle of contribution
(ii) Principle of subrogation
(iii) Principle of indemnity
(iv) Principle of insurable interest

Which bank is known as ‘Apex Bank’ of India?
(i) The State Bank of India
(ii) The Reserve Bank of India
(iii) The Central Bank
(iv) The Bank of India

Answer 1

Answer:

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Answer 2

Explanation:

1.unlimited

2.(a)

3.(b)

4. i dont know

5(The Reserve Bank of India (RBI) option (b)

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