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HSC Commerce: Marketing and Salesmanship ११ वीं कक्षा - Maharashtra State Board Question Bank Solutions

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A _________ is an autonomous corporate body created by the special Act of the Parliament or State legislature.

[5] Forms of Business Organisation - 2
Chapter: [5] Forms of Business Organisation - 2
Concept: undefined >> undefined

A statutory corporation is answerable to ______ Or state assembly whosoever creates it.

[5] Forms of Business Organisation - 2
Chapter: [5] Forms of Business Organisation - 2
Concept: undefined >> undefined

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Give one word/phrase/term.
An autonomous corporate body created by the Special Act of the parliament or state legislature with defined powers, functions, and duties.

[5] Forms of Business Organisation - 2
Chapter: [5] Forms of Business Organisation - 2
Concept: undefined >> undefined

Give one word/phrase/term.
An organisation which is answerable to parliament or state assembly whosoever creates it.

[5] Forms of Business Organisation - 2
Chapter: [5] Forms of Business Organisation - 2
Concept: undefined >> undefined

Give one word/phrase/term.
An organisation which 1s not subject to the budget, accounting and audit controls by the government.

[5] Forms of Business Organisation - 2
Chapter: [5] Forms of Business Organisation - 2
Concept: undefined >> undefined

Answer in brief.

State any four types of partners.

[4] Forms of Business Organisation - 1
Chapter: [4] Forms of Business Organisation - 1
Concept: undefined >> undefined

Justify the following statement.

All partners are joint owners of the Partnership firm.

[4] Forms of Business Organisation - 1
Chapter: [4] Forms of Business Organisation - 1
Concept: undefined >> undefined

Justify the following statement.

Active partners take active part in day to day management of partnership firm.

[4] Forms of Business Organisation - 1
Chapter: [4] Forms of Business Organisation - 1
Concept: undefined >> undefined

Attempt the following:

Explain different types of Partnership Firms.

[4] Forms of Business Organisation - 1
Chapter: [4] Forms of Business Organisation - 1
Concept: undefined >> undefined

Attempt the following:

Explain different types of Partners.

[4] Forms of Business Organisation - 1
Chapter: [4] Forms of Business Organisation - 1
Concept: undefined >> undefined

Attempt the following:

Explain the features of a partnership firm.

[4] Forms of Business Organisation - 1
Chapter: [4] Forms of Business Organisation - 1
Concept: undefined >> undefined

Complete the sentence.

A ___________ has defined powers, functions and duties.

[5] Forms of Business Organisation - 2
Chapter: [5] Forms of Business Organisation - 2
Concept: undefined >> undefined

Answer in one sentence.

What is Statutory Corporation?

[5] Forms of Business Organisation - 2
Chapter: [5] Forms of Business Organisation - 2
Concept: undefined >> undefined

Correct the underlined word and rewrite the following sentence.

Statutory Corporation is a natural person created by special Acts.

[5] Forms of Business Organisation - 2
Chapter: [5] Forms of Business Organisation - 2
Concept: undefined >> undefined

Correct the underlined word and rewrite the following sentence.

A Statutory Corporation is not answerable to parliament or state assembly.

[5] Forms of Business Organisation - 2
Chapter: [5] Forms of Business Organisation - 2
Concept: undefined >> undefined

Explain the following term/concept.

Statutory Corporation.

[5] Forms of Business Organisation - 2
Chapter: [5] Forms of Business Organisation - 2
Concept: undefined >> undefined

Study the following case/situation and express your opinion.

A central government passes a statute in the parliament and forms a business organisation which is having autonomy in administration and this organisation is answerable to the legislature.

  1. Which type of organisation is this?
  2. Give any three Features of this organisation.
  3. Give anyone an example of this type of organisation.
[5] Forms of Business Organisation - 2
Chapter: [5] Forms of Business Organisation - 2
Concept: undefined >> undefined

Distinguish Between Government Company and Statutory Corporation. 

[5] Forms of Business Organisation - 2
Chapter: [5] Forms of Business Organisation - 2
Concept: undefined >> undefined

State any four features of statutory corporation.

[5] Forms of Business Organisation - 2
Chapter: [5] Forms of Business Organisation - 2
Concept: undefined >> undefined

Justify the following statement.

There is no political interference in statutory corporations.

[5] Forms of Business Organisation - 2
Chapter: [5] Forms of Business Organisation - 2
Concept: undefined >> undefined
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