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Write a Word Or a Phrase Or a Term Which Can Substitute the Following. the Senior Most Family Member of Joint Hindu Family Firm. - Organisation of Commerce and Management

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Question

Write a word or a phrase or a term which can substitute the following.
The senior most family member of joint Hindu family firm.

One Line Answer
One Word/Term Answer
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Solution

The senior most family member of Joint Hindu Family Firm- Karta.
Explanation:
The eldest male member of a joint Hindu family business is called Karta. He controls and manages the business. Other members are called coparceners.

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Chapter 1: Forms of Business Organisations - Write a word or a phrase [Page 38]

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Micheal Vaz Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
Chapter 1 Forms of Business Organisations
Write a word or a phrase | Q 9 | Page 38
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