[OBJECTIVE]
Subject: Introduction to Business Administration
Time Allowed: 15 Minutes
Max Marks: 10
NOTE: Attempt this Paper on this Question Sheet only. Please encircle the correct option. Division of marks is given in front of each question. This Paper will be collected back after expiry of time limit mentioned above.
Part-I Encircle the right answer, cutting and overwriting are not allowed. (10)
In partnership, each partner is considered:
a) Agent b) Officer
c) Employee d) Director
2. A special resolution is passed with:
a) Simple majority b) 65% majority
c) 60% majority d) 75% majority
3. A company is managed by:
a) Shareholders b) Directors
c) Promoters d) Members
4. A firm may dissolve by:
a) Agreement b) Court
c) Notice d) All of the above
5. In partnership, the liability of partners is:
a) Joint b) Joint and several
c) Several d) Individual
6. Listed company must have at least:
a) 2 directors b) 3 directors
c) 5 directors d) 7 directors
Which meeting can be held more than once in a year?
a) Extraordinary general b) Special general
c) Statutory d) Annual general
8. Share capital of a company is fixed by:
a) Articles b) Prospectus
c) Registrar d) Memorandum
A company formed under a special Act is called:
a) Chartered company b) Statutory company
c) Registered company d) Special company
10. An association of cement manufacturers is an example of:
a) Diagonal combination b) Circular combination
c) Vertical combination d) Horizontal combination
[SUBJECTIVE]
Subject: Introduction to Business Administration
Time Allowed: 2 Hours 45 Minutes
Max Marks: 50
NOTE: ATTEMPT THIS (SUBJECTIVE) ON SEPARATE ANSWER SHEET PROVIDED
Part-II Give Short Answers, Each question carries equal marks. (20)
Q#1: Give two advantages of sole proprietorship.
Q#2: Differentiate between partnership and co-ownership.
Q#3: What is a joint stock company?
Q#4: List down types of debentures.
Q#5: What are different clauses of memorandum of association?
Q#6: What is horizontal business combination?
Q#7: What is a holding company?
Q#8: Explain limited liability.
Q#9: What do mean by life insurance?
Q#10: Define marketing mix.
Part-III Give Short Answers, Each question carries equal marks. (30)
Q#1: Define sole proprietorship. What are the characteristics of sole proprietorship?
Q#2: What are the advantages and disadvantages of a cooperative society?
Q#3: Explain winding up of a company under the supervision of court.
