One day, ten people from different walks of life met in a Kolkata
Fitness Club. They were discussing about their work and were
exchanging ideas to improve their means of livelihood. Amongst
them, Mr. Dixit is a doctor, who runs his own clinic where he has kept
a compounder to assist him. Mr. Jaiswal has a renowned cotton
garment industry and Mr. Verma has a chain of restaurants.
To overcome the financial crisis in the present COVID 19 situation,
five of them decided and mutually agreed to jointly carry on a
business of distributing masks, gloves, sanitisers and face shields
and share its profits and losses equally.
Based on the above Case Study, you are asked to answer the following
questions:
1. Which category of industry does Mr. Jaiswal's Cotton garment
industry fall into?
2. Mr. Verma donates Rs. 1,00,000 to ‘Amphan Relief Fund’ organised
by Ramkrishna Mission. What type of organisation is Ramkrishna
Mission?
3. How does Mr.Verma’s organisation differ from Ramkrishna Mission?
4. Name the occupation with which Mr. Verma is engaged in.
5. As the business decided to be conducted by the five persons is related
to public health, they wanted to get it registered under the Act and
make a separate legal entity of the business. What type of business
undertaking will it be named now?
6. State the Minimum and Maximum number of persons the business
entity can have as mentioned in Q 5.
7. What kind of occupation is Mr. Dixit’s compounder engaged in?
8. State one feature of the occupation that Mr. Verma is engaged in.
9. In the post Covid period, Mr. Verma has decided to introduce home
delivery of the orders of food from his restaurant. Name the Aid to
Trade which is required for home delivery of food.
10.Mr. Verma also wants to expand his business by introducing dry fruits
delivery to Bangladesh and Nepal. Name the kind of trade that Mr.
Verma will be engaged in delivering the dry fruits to Bangladesh and
Nepal.
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