Commerce MCQ Question and Answer
Commerce MCQ Question and Answer
191. The existence of a Partnership Firm is—
- Separate from partners
- Not separate from partners
- Both (A) and (B)
- None of the above
192. In which State the Mitakshara form of H.U.F. business does not apply ?
- Rajasthan
- Gujarat
- West Bengal
- Kerala
193. Letter of Credit is presented by—
- Exporter
- Importer
- Custom Officer
- Shipping Company
194. The Agreement of Partnership—
- Must be oral
- Must be in writing
- Can be either oral or in writing
- Must be in writing on a stamp paper
196. ‘Self-help by mutual help’ is a feature of—
- Public enterprise
- Public corporation
- Co-operative society
- All of the above
197. In India private sector entered into the Life Insurance business in the year—
- 1995
- 1998
- 2000
- 2001
199. ‘Salvage Charges’ is related to—
- Life Insurance
- Marine Insurance
- Fire Insurance
- None of the above
200. In ‘Life Insurance Contract’ the insurable interest is examined at the time of—
- Entering the contract
- Filing the claim
- Both (A) and (B)
- Never