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SAI INTERNATIONAL SCHOOL

                                                        CLASSS XI


                                             SUBJECT: BUSINESS STUDIES,

                                              Forms of business Organization

                  Home Assignment 8, Topics:Promotion, Incorporation, Capital subscription, Commencement of
                                                          business




               ASSESSMENT


               MCQ 1 mark

               Q.1 Minimum number of members to form a private company is

                   a.  2
                   b.  3
                   c.  5
                   d.  7

               Q.2 Minimum number of members to form a public company is

                   a.  5
                   b.  7
                   c.  12
                   d.  21

               Question 3: Application for approval of name of a company is to be made to


                   a.  SEBI
                   b.  Registrar of Companies
                   c.  Government of India
                   d.  Government of the State in which Company is to be registered

               Question 4: A proposed name of Company is considered undesirable if


                   a.  It is identical with the name of an existing company
                   b.  It resembles closely with the name of an existing company
                   c.  It is an emblem of Government of India, United Nations etc.
                   d.  In case of any of the above

               Question 5: A prospectus is issued by
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