Top 50+ Solved ASSESSMENT OF VARIOUS ENTITIES MCQ Questions Answer

From 1 to 9 of 9

Q. . A person entered into partnership is known as …………

a. partner

b. people

c. karta

d. none of the above

  • a. partner

Q. Collective group of persons is known as……..

a. firm

b. society

c. person’

d. none of the above

  • a. firm

Q. …………..cannot become a partner.

a. minor

b. partner

c. firm

d. society

  • a. minor

Q. The payment is authorized by, and is in accordance with the term ofpartnership deed according to sec………….

a. sec. 40(b)(ii)

b. sec. 40(b)(iii)

c. se 50(b)(ii)

d. none of the above

  • a. sec. 40(b)(ii)

Q. …………..is an obligation annexed to the ownership of property.

a. trust

b. firm

c. company

d. karta

  • a. trust

Q. The person who accepts the confidence is called ………….

a. trustee

b. karta

c. firm

d. aop

  • a. trustee

Q. The subject matter of the trust is called …………….

a. trust property

b. own property

c. own furniture

d. none of the above

  • a. trust property

Q. The trust should be one established in accordance with law and its objectsshould fall within the definition of the term ………….

a. charitable purposes

b. work purpose

c. assessment purposes

d. to earn profit purpose

  • a. charitable purposes

Q. Joint Commissioners are appointed by…………

a. central government

b. state government

c. district government

d. gram panchayat

  • a. central government
  • 1 (current)
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