HSC Commerce (English Medium) 11th Standard - Maharashtra State Board Question Bank Solutions for Organisation of Commerce and Management

Distinguish between Co-operative Society and Partnership Firm. 

Distinguish between a Co-operative Society and a Joint Stock Company.

Answer in brief.

Describe any four types of Co-operative Society.

Justify the following statement.

The main objective of Co-operative society is to provide services to its members.

Justify the following statement.

The liability of Co-parceners is limited in ‘Joint Hindu Family Business’.

Justify the following statement.

Co-operative society follows democratic principles.

Attempt the following:

Explain various types of Co-operative Society.

Attempt the following:

Describe the features of the Co-operative Society.

Explain the merits of a co-operative society.

Explain the demerits of a Partnership firm.

Explain the types of co-operative societies.

State True or False:

There is a separation of ownership & management in the Joint Stock Company.

State True or False:

Board of Directors manages the business of Joint Stock Company.

Complete the sentence.

The rule for voting in Joint stock company is __________.

Complete the sentence.

Registration of Joint stock company is compulsory according to the Companies Act _______.

Answer in one sentence.

What is the meaning of Joint Stock Company?

Correct the underlined word and rewrite the following sentence.

Registration of Joint Stock Company is not compulsory.

Explain the following term/concept:

Joint Stock Company.

Answer in brief.

State any four demerits of Joint Stock Company.

Justify the following statement.

A Joint Stock Company can raise huge capital.