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Class 9 Commercial Studies — Chapter 8 :  Cooperative Society  (Chapter-wise Questions Answers and MCQs) Cooperative Society   1. A group of farmers joins together to buy fertilizers directly from manufacturers at lower prices. Which type of organisation is most suitable? A. Joint Stock Company B. Partnership Firm C. Cooperative Society D. Sole Proprietorship Answer: C. Cooperative Society 2. Ten workers want to build low-cost houses by contributing small amounts of money. Which feature of a cooperative society makes this possible? A. Profit motive B. Mutual help C. Monopoly D. Speculation Answer: B. Mutual help 3. Ravi owns 100 shares while Mohan owns only 5 shares in a cooperative society. During voting, Ravi will have: A. 100 votes B. 5 votes C. 1 vote D. Votes equal to capital Answer: C. 1 vote 4. A cooperative society distributes its surplus according to: A. Number of votes B. Number of directors C. Business done with the society and limited dividend on capital D. Ag...

Class 9 Commercial Studies —  Chapter 7: Joint Stock Company (Chapter-wise Questions Answers and MCQs) Joint Stock Company  Exam-Based MCQs 1. A Joint Stock Company is: A. A partnership firm  B. An incorporated association of persons C. A sole proprietorship  D. A cooperative society Answer: B 2. A Joint Stock Company is created by: A. Agreement  B. Law  C. Partnership deed  D. Custom Answer: B 3. Which feature makes a company different from its shareholders? A. Common Seal  B. Separate Legal Entity  C. Corporate Finance  D. Transferability Answer: B 4. A company is known as an: A. Natural Person  B. Artificial Legal Person  C. Minor  D. Partnership Answer: B 5. The capital of a Joint Stock Company is divided into: A. Units  B. Shares  C. Debentures  D. Bonds Answer: B 6. The feature that ensures the company continues despite death of members is: A. Limited Liability  B. Perpetual Succession  C. Co...

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  Class 9 Commercial Studies —Chapter 6 :  PARTNERSHIP PARTNERSHIP Chapter-wise Questions Answers and MCQs 1. Partnership can be formed by A. One person B. Two or more persons C. Only five persons D. Only ten persons Answer: B 2. Partnership is created through A. Law B. Birth C. Agreement D. Inheritance Answer: C 3. The main objective of partnership is A. Charity B. Social service C. Sharing profits D. Government welfare Answer: C 4. Which of the following is NOT a feature of partnership? A. Mutual agency B. Sharing of profit C. Perpetual succession D. Agreement Answer: C 5. Every partner acts as A. Employee B. Customer C. Agent of the firm D. Auditor Answer: C 6. Partnership business must be A. Religious B. Charitable C. Lawful D. Political Answer: C 7. Unlimited liability means A. Liability is limited to capital B. Personal assets may be used to pay debts C. Government pays debts D. Creditors cannot recover money Answer: B 8. A partner can transfer his interest only A. Freel...

Class 9 Commercial Studies Chapter 5: Sole Proprietorship and Hindu Undivided Family (HUF) Business. Chapter-wise Questions Answers and MCQs 1. Sole proprietorship is owned by: A. One person B. Two persons C. Government D. Shareholders Answer: A 2. The main objective of sole proprietorship is to: A. Serve society B. Earn profit C. Provide employment D. Collect taxes Answer: B 3. Which is the oldest form of business? A. Partnership B. Company C. Sole Proprietorship D. Cooperative Society Answer: C 4. The capital of a sole proprietorship is generally provided by: A. Government B. Banks only C. The proprietor D. Shareholders Answer: C 5. The owner has: A. Shared control B. One-man control C. Government control D. Board control Answer: B 6. Sole proprietorship generally operates on: A. Large scale B. Medium scale C. Small scale D. International scale Answer: C 7. Which is NOT a feature of sole proprietorship? A. Unlimited liability B. Separate legal entity C. One-man control D. Small...

Class 9 Commercial Studies Chapter-wise Questions Answers and MCQs Chapter 4: Classification of Commercial Organisations  (Chapter-wise Questions Answers and MCQs) 1. Commercial organisations are established mainly to: A. Provide free education B. Earn money through commercial activities C. Promote religion D. Conduct elections Answer: B. Earn money through commercial activities 2. The main objective of commercial organisations is: A. Social service B. Earning profit C. Charity D. Public welfare Answer: B. Earning profit 3. Commercial organisations may be: A. Small only B. Medium only C. Large only D. Micro, Small, Medium or Large Answer: D. Micro, Small, Medium or Large 4. Commercial organisations are classified on the basis of: A. Size B. Ownership C. Capital D. Profit Answer: B. Ownership 5. Commercial organisations are classified into: A. Two sectors B. Three sectors C. Four sectors D. Five sectors Answer: B. Three sectors 6. Which of the following is NOT a commercial organisat...