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
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
Q. …………..is an obligation annexed to the ownership of property.
a. trust
b. firm
c. company
d. karta
Q. The subject matter of the trust is called …………….
a. trust property
b. own property
c. own furniture
d. none of the above
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
Q. Joint Commissioners are appointed by…………
a. central government
b. state government
c. district government
d. gram panchayat
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