HSC Commerce (English Medium) ११ वीं कक्षा - Maharashtra State Board Question Bank Solutions

Give one word/phrase/term.

The members of the Joint Hindu Family firm.

State any four features of profession.

State any four features of profession.

State any four features of profession.

State any four features of profession.

Complete the sentence.

____________ Industries plays an important role in developing countries.

Answer in brief.

State any four points of importance of Small Scale Industry/Business.

Attempt the following.

State the importance of small business.

State True or False:

Partnership agreement may be oral or written.

State True or False:

In a partnership firm, the liability of every partner is limited, joint and several.

Complete the sentence.

Admission of new individual into existing business has given birth to _____________

Complete the sentence.

A partner who takes active participation in the day to day working of the business is known as _____________

Complete the sentence.

When there is no provision in partnership agreement regarding time period for partnership then it is known as _____________.

Answer in one sentence.

What do you mean by partnership firm?

Answer in one sentence.

What do you mean by minor partner?

Answer in one sentence.

What is Quasi Partner?

Answer in one sentence.

What do you mean by partner-in-profits only?

Answer in one sentence.

What do you mean by a general partnership?

Correct the underlined word and rewrite the following sentence.

In a Partnership firm, minimum three members are required.

Correct the underlined word and rewrite the following sentence.

Indian Partnership Act, 1940 is applicable in India.