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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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