HSC Commerce (English Medium) इयत्ता ११ वी - Maharashtra State Board Question Bank Solutions for Organisation of Commerce and Management

Justify the following statement.

All partners are joint owners of the Partnership firm.

Justify the following statement.

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

Attempt the following:

Explain different types of Partnership Firms.

Attempt the following:

Explain different types of Partners.

Attempt the following:

Explain the features of a partnership firm.

Complete the sentence.

A ___________ has defined powers, functions and duties.

Answer in one sentence.

What is Statutory Corporation?

Correct the underlined word and rewrite the following sentence.

Statutory Corporation is a natural person created by special Acts.

Correct the underlined word and rewrite the following sentence.

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

Explain the following term/concept.

Statutory Corporation.

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.

Distinguish Between Government Company and Statutory Corporation. 

State any four features of statutory corporation.

Justify the following statement.

There is no political interference in statutory corporations.

Justify the following statement.

There is professional management in statutory corporation.

Attempt the following.

Merits of Statutory Corporation.

Attempt the following.

Demerits of Statutory Corporation.

Answer the following in detail.

Explain Statutory Corporation and its features.

Answer the following in detail.

Explain merits and demerits of Statutory Corporation.

Select the correct option and rewrite the sentence.
Changes in ruling government is an aspect of ___________ environment.