Aarambh

For 11TH COMMERCE

DPP:-06
Discussion
Forms of Business
Organisations
By Disha mam
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Q. 1 __________ is one of the merits of Joint Stock Company

1 Growth and Expansion

2 Lack of Secrecy

3 Conflicts of Interest

4 Delay in Decision
Q. 2 ________ is one of the Demerits of Joint Stock Company

1 Efficient Management
?
2 Perpetual Succession

3 Oligarchic Management

4 Limited Liability
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Q. 3 A Company which restricts the rights to transfer its shares is known as
_________ .

1 Joint Stock Company

2 Private Company

3 Public Company

4 One Person Company

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Q. 4 A private company has maximum how many members?

1 50

2 100

3 150

4 200
Q. 5 The minimum number of members in a Public Limited Company are

?
_______

1 3

2 5

3 7

4 10
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Q. 6 The formation of a Company is divided into _____ stages

1 2

2 3

3 4

4 3
Q. 7 Conducting detailed investigation to give practical shape to the ideas

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is known as _____

1 Feasibility Studies

2 Name Approval

3 Appointment

4 Documentation
 Distinguish between Private Limited Company and Public Limited
Q. 8
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Company

Basis Public Company Private Company

1. Members Minimum – 7 Members Minimum – 2 Members
Maximum – Unlimited Maximum – 200
2. Minimum number of Three Two
Directors
3. Index of Members Compulsory Not Compulsory

4. Transfer of Shares No Restriction Restrictions

5. Invitation to Public Can invite the public to Cannot invite the public to
subscribe to their shares subscribe to its securities
and debentures
Q.9

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What do you mean by OligarchiC Management in Joint Stock Company
Q.10 What are the different factors that affect the Choice of Form of

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Business Organisation
THANK- YOU