ARYA SCHOOL OF MANAGEMENT & IT

1st Internal Examination

Subject-: Business Practice
TIME -:1 hour

FULL MARK-20

(Answer any three questions from SET- A & SET-B is compulsory)

SET A

1. Define business. What are the important features of a business? Discuss the requisites of a
successful business.
2. Differentiate between Sole Proprietorship and partnership form of Business.
3. Difference between Shares & Debenture? What are advantages of Debenture? .
4. What is a company? Enumerate the various types of company on the basis of :
-Incorporation -liability ownership nationality and -Transferability of Share
5. What do you mean by share and explain classification of capital in the company?
SET B

1.
2.
3.
4.
5.

Write the name of Minister of Tribal Affairs _____________ in India?

Raghuram Govind Rajan associated with ----------------- bank of India?
Full name of our Hon'ble Prime Minister of India in 2014?
Ratan N Tata was associated with which Group of Industry?
Name of cyclone that affected major parts of Visakhapatnam (Andhra Pradesh)?