Practice Test

Q1) In Joint Hindu Family firm, the liability of "Karta" is __________. Show Answer

Q2) Head or senior member of the Joint Hindu Family Firm is known as _________. Show Answer

Q3) The liability of co-parceners is of Joint Hindu Family firm is _________. Show Answer

Q4) The __________ comes into existence by operation of Hindu Law. Show Answer

Q5) A business, which continues from one generation to another, is known as ______. Show Answer

Q6) Female members are also entitled to share in common property in Joint Hindu family Business under _________ Act 1956. Show Answer

Q7) Joint Hindu Family Business is carried on by ________. Show Answer

Q8) Joint Hindu Family Business enjoys __________. Show Answer

Q9) It is possible to maintain ________in case of Joint Hindu Family Business. Show Answer

Q10) Male members in Joint Hindu Family Business are called as _________. Show Answer

Q11) The Joint Hindu Family Business exists in _______ only. Show Answer

Q12) Joint Hindu Family Business is restricted to ________ market. Show Answer

Q13) The life of Joint Hindu Family Business is ____. Show Answer

Q14) Joint Hindu Family Business needs no ______. Show Answer

Q15) A member in Joint Hindu family business other than karta is called _____. Show Answer

Q16) The person who enjoys all the powers and looks after the management of the Joint Hindu family firm is called_________. Show Answer

Q17) The maximum number of co-parceners in a Joint Hindu family business is ______. Show Answer

Q18) ________ business exsit only in India. Show Answer

Q19) _________ business was created by operation of Joint Succeesion Act, 1956. Show Answer

Q20) Joint Hindu Family firm is managed by _________ only. Show Answer

Q21) Liability of co-parceners is limited, while liability of Karta is _________. Show Answer

Q22) ______ is liable personally for Joint Hindu Family business Show Answer

Q23) _______ are the member of Joint Hindu Family business Show Answer

Q24) ______ is an organisation whose administration is automatic and possible only by birth. Show Answer

Q25) ______ are called successors or inheritants of Joint Hindu Family Business. Show Answer

Q26) Personal organisation of all members of single Hindu Family is called ________. Show Answer

Q27) The country in which Joint Hindu Family business is in existence is _______. Show Answer

Q28) The life of Joint Hindu Family business is ______. Show Answer

Q29) The Karta is ________ liable for business debts. Show Answer

Q30) The co-parcenery rights are applicable only to _________. Show Answer

Q31) The Joint Hindu Family firm is suitable organisation for ________ business. Show Answer

Q32) A Joint Hindu Family Firm comes into exsitence through a contract among the co-parceners. Show Answer

Q33) The liability of the Karta is limited and that of co-parceners is unlimited. Show Answer

Q34) Joint Hindu Family Business has maximum and minimum majority of the members. Show Answer

Q35) A Joint Hindu Family Firm is a corporate. Show Answer

Q36) The head of the Joint Hindu Family is called Karta. Show Answer

Q37) Business secrecy is not possible in Joint Hindu Family Business. Show Answer

Q38) A Joint Hindu Family Firm does not enjoy relatively stable existence. Show Answer

Q39) There is no limit for membership in Joint Hindu Family business. Show Answer

Q40) The maximum number of members in a Joint Hindu Family business is fifteen. Show Answer

Q41) The co-parceners of a Joint Hindu Family firm can look into the books of accounts of the firms. Show Answer