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1. An association is considering supporting its

new exchange danger. It has made a purchase on first

July, 2016 for which it needs to make a portion of

US$ 70,000 on December 31, 2016. The

present trading scale is 1 US $ = $65. It can purchase

forward 1 $ at $64. The association

should make a direct premium @ 2.8% of the

forward whole purchased. The cost of

resources for the association is 19% per annum.

In the going with conditions, figure the advantage/disaster

the association will make if it fences its

new exchange risk with the change standard on 31st December, 2016 as:

(I) 85.524 for every US $.

(ii) 49.644 for every US $.

(iii) 74.526 for every US $.

(iv) 63.250 for every US $.

2. Individual owing and maintaining the business is known as :-

a) Single proprietor c) Single Trader.

b) Sole Trader d) Businessman.

3. Which is the most established business structure ?

a) Partnership c) Sole Proprietorship

b) HUF d) Co-usable Society.

4. Which of the accompanying would have limitless risk ?

a) Co-employable Society c) Sole Proprietorship

b) Company d) Shareholders.

5. Which of coming up next is a benefit of sole ownership ?

a) Easy arrangement c) Both a) and b).

b) Maintenance of business mystery d) None of the abovementioned.

6. Which of the accompanying has most stable presence ?

a) Sole ownership c) Company.

b) Partnership d) HUF.

7. Which type of association is just found in India ?

a) HUF c) Joint Stock Company.

b) Co-Operative Society d) Governmental Undertaking.

8.What is the greatest strength of HUF :-

a) 10 c) 100

b) 20 d) No cutoff.

9.The business undertakings are overseen by the top of the family, known as :

a) Co-parcener c) Shareholder

b) Owner d) Karta.

10.Only co-parcener can turn into a Karta, This assertion is :

a) True c) Partly evident

b) False d) Partly bogus.

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