Poisson’s ratio in Physics | Longitudinal Strain and Lateral Strain – Elasticity

Poisson’s Ratio Definition:
When a deforming force is applied at the free end of a suspended wire of length l and radius R, then its length increases by dl but its radius decreases by dR. Now two types of strains are produced by a single force. In the elastic regime, this ratio is a material constant with a value of about 0.3 for most metals.

We are giving a detailed and clear sheet on all Physics Notes that are very useful to understand the Basic Physics Concepts.

Poisson’s Ratio | Longitudinal Strain and Lateral Strain – Elasticity

Poisson’s Ratio Symbol:
v is commonly used as the symbol for the Poisson’s ratio

  1. Longitudinal strain = Δl/l
  2. Lateral strain = – ΔR/R

∴ Poisson’s ratio (v) = \(\frac{\text { Lateral strain }}{\text { Longitudinal strain }}=\frac{-\Delta R / R}{\Delta l / l}\)

Theoretical value of Poisson’s ratio:
The theoretical value of Poisson’s ratio lies between -1 and 0.5.

The practical value of Poisson’s ratio:
Its practical value lies between 0 and 0.5.

Relation Between Y, K, η and σ

(i) Y = 3K (1 – 2σ)
(ii) Y = 2η (1 + σ)
(iii) σ = \(\frac{3 K-2 \eta}{2 \eta+6 K}\)
(iv) \(\frac{9}{Y}=\frac{1}{K}+\frac{3}{\eta}\) or Y = \(\frac{9 K \eta}{\eta+3 K}\)

Important Points

  • For the same material, the three coefficients of elasticity γ, η and K have different magnitudes.
  • Isothermal elasticity of a gas Eγ = p where, p = pressure of the gas.
  • Adiabatic elasticity of a gas Es = γp
    where, y = \( \frac{C_{p}}{C_{V}}\), ratio of specific heats at constant pressure and at constant volume.
  • Ratio between isothermal elasticity and adiabatic elasticity \( \frac{E_{s}}{E_{T}}=\gamma=\frac{C_{p}}{C_{V}}\)

Elasticity:
Elasticity defines a property of an object that has the ability to regain its original shape after being stretched or compressed. Learn about the deforming force applied on an elastic object and how the stress and strain works on an object. What is a Hooke’s law and how it is applicable for the concept of elasticity.

Deforming Force Elasticity
Stress Strain
Hooke’s Law Elastic Modulus
Types of Modulus of Elasticity Poisson’s Ratio
Stress and Strain Curve Thermal Stress
Cantilever Beam Torsion of a Cylinder

What is Hooke’s Law in Physics? | Definition, Formula – Elasticity

Hooke’s Law Physics Definition:
Hooke’s Law is a principle of physics that states that the that the force needed to extend or compress a spring by some distance is proportional to that distance.

We are giving a detailed and clear sheet on all Physics Notes that are very useful to understand the Basic Physics Concepts.

What is Hooke’s Law in Physics? | Definition, Formula – Elasticity

Hooke’s Law Statement:
Hooke’s Law states that within the limit of elasticity, the stress is proportional to the strain.

Stress ∝ Strain
or
Stress = E x Strain

where, E is the modulus of elasticity of the material of the body.

Hooke’s Law Formula:
Mathematically, Hooke’s law is commonly expressed as:

Fs = k.x

Where,
Fs = spring force
k = spring constant
x = spring stretch or compression

Hooke’s Law Examples Real Life

Buildings are amalgamations of structural frames. Under loading, the individual beams and columns that compose frames display the linearly elastic stress-strain curves that exemplify Hooke’s law.

Elasticity:
Elasticity defines a property of an object that has the ability to regain its original shape after being stretched or compressed. Learn about the deforming force applied on an elastic object and how the stress and strain works on an object. What is a Hooke’s law and how it is applicable for the concept of elasticity.

Deforming Force Elasticity
Stress Strain
Hooke’s Law Elastic Modulus
Types of Modulus of Elasticity Poisson’s Ratio
Stress and Strain Curve Thermal Stress
Cantilever Beam Torsion of a Cylinder

Stress in Physics | Definition, Formulas, Types – Elasticity

Stress Definition in Physics:
1. Stress in Physics is Defined as the internal restoring force acting per unit area of a deformed body is called stress.

2. In physics, stress is the force acting on the unit area of a material. The effect of stress on a body is named as strain. Stress can deform the body. It is denoted by σ.

We are giving a detailed and clear sheet on all Physics Notes that are very useful to understand the Basic Physics Concepts.

Stress in Physics | Definition, Formulas, Types – Elasticity

Stress in Physics Formula:

Stress = \(\frac{\text { Restoring force }}{\text { Area }}\)

σ = \(\frac{F}{A}\)

Where,
σ = Stress
F = Restoring Force measured in Newton or N
A = Cross-section area measured in m²

Stress Units Physics:
Its SI unit is N/m² or pascal

Stress Dimensional Formula:
Dimensional formula is [ML-1T-2].
Stress is a tensor quantity because it describes things happening in two directions simultaneously.

Stress Types Physics

Stress is of three types:

  • Normal Stress
  • Volumetric Stress
  • Tangential Stress

(i) Normal Stress Definition:

  • If deforming force is applied normally to an object, then the stress is called normal stress.
  • If there is an increase in length, then stress is called tensile stress.
  • If there is a decrease in length, then stress is called compression stress.

(ii) Volumetric Stress Definition:
If deforming force is applied normally on an object all over its surface, that changes its volume, then the stress is called volumetric stress.

(iii) Tangential Stress Definition:
If deforming force is applied tangentially to an object, then the stress is called tangential stress. It changes the shape of the object.

Elasticity:
Elasticity defines a property of an object that has the ability to regain its original shape after being stretched or compressed. Learn about the deforming force applied on an elastic object and how the stress and strain works on an object. What is a Hooke’s law and how it is applicable for the concept of elasticity.

Deforming Force Elasticity
Stress Strain
Hooke’s Law Elastic Modulus
Types of Modulus of Elasticity Poisson’s Ratio
Stress and Strain Curve Thermal Stress
Cantilever Beam Torsion of a Cylinder

Elastic Modulus in Physics | Definition, Formulas, Symbol, Units – Elasticity

Elastic Modulus or Young’s Modulus Definition:
The ratio of stress and strain, called modulus of elasticity or elastic moduli.

We are giving a detailed and clear sheet on all Physics Notes that are very useful to understand the Basic Physics Concepts.

Elastic Modulus in Physics | Definition, Formulas, Symbol, Units – Elasticity

Elastic Modulus formula:
The modulus of elasticity is simply stress divided by strain:

E = \(\frac{σ}{ε}\)

Where,
E is Young’s Modulus
σ is the uniaxial stress or uniaxial force per unit surface
ε is the strain, or proportional deformation (change in length divided by original length); it is dimensionless

Elastic Modulus Dimensional Formula:

[ML-1T-2]

Elastic Modulus Unit:

  • SI Unit is pascals (Pa)
  • The practical units are megapascals (MPa) or gigapascals (GPa or kN/mm²).

Elastic Modulus Symbol:
Elasticity modulus or Young’s modulus (commonly used symbol: E) is a measure for the ratio between the stress applied to the body and the resulting strain.

Elasticity:
Elasticity defines a property of an object that has the ability to regain its original shape after being stretched or compressed. Learn about the deforming force applied on an elastic object and how the stress and strain works on an object. What is a Hooke’s law and how it is applicable for the concept of elasticity.

Deforming Force Elasticity
Stress Strain
Hooke’s Law Elastic Modulus
Types of Modulus of Elasticity Poisson’s Ratio
Stress and Strain Curve Thermal Stress
Cantilever Beam Torsion of a Cylinder

Weightlessness in Physics | Definition, Examples – Gravitation

Weightlessness Definition Physics:
It is a situation in which the effective weight of the body becomes zero.

We are giving a detailed and clear sheet on all Physics Notes that are very useful to understand the Basic Physics Concepts.

Weightlessness in Physics | Definition, Examples – Gravitation

Weightlessness is achieved
(i) During freely falling body under gravity.
(ii) Inside a space craft or satellite.
(iii) At the centre of the earth.
(iv) When a body is lying in a freely falling lift.

Weightlessness Meaning:
Weightless sensations exist when all contact forces are removed. When in free fall, the only force acting upon your body is the force of gravity a non-contact force.

Weightlessness is the complete or near-complete absence of the sensation of weight. This is also termed zero-G, although the more correct term is “zero G-force”. It occurs in the absence of any contact forces upon objects including the human body.

Weightlessness Examples

Weightlessness is the feeling experienced when no counter force is acting on the body.

  • A man who is Paragliding
  • Astronauts on the moon
  • When a lift suddenly snaps and you are lifted off your feet.

Taking the example of the roller-coaster which is constrained to follow a track, then the condition for weightlessness is met when the downward acceleration of your seat is equal to the acceleration of gravity.

Considering the path of the roller-coaster to be a segment of a circle so that it can be related to the centripetal acceleration, the condition for weightlessness is

Vweightlessness = \(\sqrt{g r}\)

From the Centripetal acceleration realtionship v² = g

Gravitation:
Have you ever thought, when we throw a ball above the ground level, why it returns back to the ground. It’s because of gravity. When a ball is thrown above the ground in the opposite direction, a gravitational force acts on it which pulls it downwards and makes it fall. This phenomena is called gravitation.

Learn relation between gravitational field and potential field, Kepler’s law of planetary, weightlessness of objects in absence of gravitation, etc.

Newton’s Law of Gravitation Central Force
Acceleration Due to Gravity Factors Affecting Acceleration Due to Gravity
Gravitational Field Intensity Gravitational Potential Energy
Relation between Gravitational Field and Potential Kepler s Laws of Planetary Motion
Earth’s Satellite Orbital Velocity
Escape Velocity Weightlessness

Relation between Gravitational Field and Potential – Gravitation

Relation between Gravitational Field and Potential – Gravitation

We are giving a detailed and clear sheet on all Physics Notes that are very useful to understand the Basic Physics Concepts.

Relation between Gravitational Field and Potential:
If change in gravitation potential at a points is dV, gravitational field intensity is E, then during displacement dr in the field

dV = -E . dr

Where,
\(\mathbf{E}=E_{x} \hat{\mathbf{i}}+E_{y} \hat{\mathbf{j}}+E_{z} \hat{\mathbf{k}}\)

dr = \(d x \hat{\mathbf{i}}+d y \hat{\mathbf{j}}+d z \hat{\mathbf{k}}\)
∴ dV = -Exdx – Eydy – Ezdz

Also we can write \(E_{x}=\frac{-\partial V}{\partial x}, E_{y}=\frac{-\partial V}{\partial y} \text { and } E_{z}=\frac{-\partial V}{\partial z}\)

Gravitation:
Have you ever thought, when we throw a ball above the ground level, why it returns back to the ground. It’s because of gravity. When a ball is thrown above the ground in the opposite direction, a gravitational force acts on it which pulls it downwards and makes it fall. This phenomena is called gravitation.

Learn relation between gravitational field and potential field, Kepler’s law of planetary, weightlessness of objects in absence of gravitation, etc.

Newton’s Law of Gravitation Central Force
Acceleration Due to Gravity Factors Affecting Acceleration Due to Gravity
Gravitational Field Intensity Gravitational Potential Energy
Relation between Gravitational Field and Potential Kepler s Laws of Planetary Motion
Earth’s Satellite Orbital Velocity
Escape Velocity Weightlessness

MCQ Questions for Class 11 Business Studies Chapter 11 International Business with Answers

We have compiled NCERT MCQ Questions for Class 11 Business Studies Chapter 11 International Business with Answers Pdf free download. MCQ Questions for Class 11 Business Studies with Answers were prepared according to the latest question paper pattern. Practicing these International Business Class 11 Business Studies MCQs Questions with Answers really effective to improve your basics and learn all the key concepts.

International Business Class 11 MCQs Questions with Answers

Objective Type Questions

Question 1.
Which document is not necessary for getting license:
(a) IPC number
(b) Credit letter
(c) Registration cum membership certificate
(d) Bank account number.

Answer

Answer: (b) Credit letter


Question 2.
Which is not related to money refund policy :
(a) Refund of production expenses
(b) Refund of excise duty
(c) Refund of export duty
(d) Duty at loading port

Answer

Answer: (d) Duty at loading port


Question 3.
Which is not a part of export related documents:
(a) Commercial invoice
(b) Certificate of origin
(c) Entry bill
(d) Mate’s receipt

Answer

Answer: (c) Entry bill


Question 4.
Which document is made by the exporter which contains details of the goods to be sent by ship like name of the sender, number of packages, shipping bill, des-tination port, name of ship, etc.
(a) Shipping bill
(b) Packaging list
(c) Mate’s receipt
(d) Bills of exchange.

Answer

Answer: (c) Mate’s receipt


Question 5.
Which is not a member of World Bank group:
(a) International Bank of Development and Reconstruction
(b) Multiple Investment Guarantee Agency
(c) International Development Union
(d) International Monetary Fund.

Answer

Answer: (d) International Monetary Fund.


Question 6.
In which of the following modes of entry, does the domestic manufacturer give the right to use intellectual property such as patent and trade mark to a manufac¬turer in a foreign country for a fee :
(a) Licensing
(b) Contract manufacturing
(c) Joint venture
(d) None of these.

Answer

Answer: (a) Licensing


Question 7.
When two or more firms come together to create a new business entity that is legally separate and distinct from its parents it is known as:
(a) Contract manufacturing
(b) Franchising
(c) Joint ventures.
(d) Licensing.

Answer

Answer: (c) Joint ventures.


Question 8.
Which one of the following modes of entry requires higher level of risks:
(a) Licensing
(b) Franchising
(c) Contract manufacturing
(d) Joint venture.

Answer

Answer: (d) Joint venture.


Question 9.
Which one of the following modes of entry brings the firm closer to international markets:
(a) Licensing
(b) Franchising
(c) Contract manufacturing
(d) Joint venture.

Answer

Answer: (d) Joint venture.


Question 10.
Which one of the following is not amongst India’s major import items:
(a) Ayurvedic medicines
(b) Oil and petroleum products
(c) Pearls and precious stones
(d) Machinery

Answer

Answer: (a) Ayurvedic medicines


Question 11.
Which is related to World Bank:
(a) ICICI
(b) Ex-Im Bank
(c) IDA
(d) Asian Development Bank.

Answer

Answer: (c) IDA


Question 12.
GATT was implemented on:
(a) 30 October, 1947
(b) 15 March, 1947
(c) 26 April, 1945
(d) 12 May, 1947.

Answer

Answer: (a) 30 October, 1947


Question 13.
The scope of WTO as compared to GATT is:
(a) Wide
(b) Narrow
(c) Equal
(d) None of these.

Answer

Answer: (a) Wide


Question 14.
For membership of World Bank it is necessary to be the member of:
(a) Member of IMF
(b) Member of UNCTAD
(c) Member of WTO
(d) Member of UNO.

Answer

Answer: (a) Member of IMF


Question 15.
Characteristics of EPZ:
(a) Established in special region
(b) Established by government
(c) Entry in good industrial units
(d) All the above.

Answer

Answer: (d) All the above.


Question 16.
Which document is not required for import:
(a) Shipping builty
(b) Shipping bill
(c) Certificate of origin
(d) Loading information.

Answer

Answer: (a) Shipping builty


Question 17.
Which is not a part of custom documentation process:
(a) Shipping bill
(b) Export license
(c) Insurance letter
(d) Proforma invoice.

Answer

Answer: (d) Proforma invoice.


Question 18.
When goods are loaded on the ship, then the captain of the ship issues a receipt which is called:
(a) Shipping receipt
(b) Mate’s receipt
(c) Loading receipt
(d) Receipt of rent of bill.

Answer

Answer: (b) Mate’s receipt


Question 19.
The document in which the bank gives guarantee to make the payment of exporter’s bill:
(a) Mortgage letter
(b) Credit letter
(c) Shipping builty
(d) Bills of exchange.

Answer

Answer: (b) Credit letter


Question 20.
TRIP is one of the WTO agreements that deals with:
(a) Agricultural trade
(b) Service trade
(c) Trade related investment measures
(d) None of these.

Answer

Answer: (d) None of these.


Question 21.
Outsourcing a part of or entire production and concentrating on marketing operations in international business is known as:
(a) Licensing
(b) Franchising
(c) Contract manufacturing
(d) Joint venture.

Answer

Answer: (c) Contract manufacturing


Question 22.
Which of the following is not an advantage of exporting:
(a) Easier way to enter into international markets
(b) Comparatively lower risks
(c) Limited presence in foreign markets
(d) Less investment requirements.

Answer

Answer: (c) Limited presence in foreign markets


Question 23.
Which one of the following modes of entry permits greatest degree of control over overseas operations:
(a) Licensing/franchising
(b) Wholly owned subsidiary
(c) Contract manufacturing
(d) Joint venture.

Answer

Answer: (d) Joint venture.


Question 24.
Which one of the following is not amongst India’s major export items :
(a) Textiles and garments
(b) Gems and jewellery
(c) Oil and petroleum products
(d) Basmati rice.

Answer

Answer: (c) Oil and petroleum products


Question 25.
Which one of the following is not amongst India’s major trading partners:
(a) USA
(b) UK
(c) Germany
(d) New Zealand.

Answer

Answer: (d) New Zealand.


Question 26.
Which is not correct:
(a) India is not primary member of World Bank
(b) UNCTAD is organization of UNO
(c) UNCTAD Secretariat is at Geneva
(d) India became member of GATT in 1947.

Answer

Answer: (a) India is not primary member of World Bank


Question 27.
GATT came to an end in the year:
(a) 1944
(b) 1997
(c) 1995
(d) 1985

Answer

Answer: (c) 1995


Question 28.
India became member of World Bank in the year:
(a) 1950
(b) 1948
(c) 1945
(d) 1949.

Answer

Answer: (c) 1945


Question 29.
In international trade CIF includes :
(a) Cost
(b) Cost and insurance
(c) Cost and rent
(d) Cost, rent and insurance.

Answer

Answer: (d) Cost, rent and insurance.


Fill in the blanks

1. The trade which is undertaken within two country is called as …….

Answer

Answer: External trade


2. Goods purchased by a country from another country is called as …….

Answer

Answer: Import


3. The World Bank is established in …. year.

Answer

Answer: 1945.


4. The head office of World Trade Center in….

Answer

Answer: Geneva


5. The number of members in world trade organisation is ………

Answer

Answer: 151


6. International invoice is prepared by ………

Answer

Answer: Importer


7. GATT organisation converted in….

Answer

Answer: World Trade Organisation


8. Goods sending by a country to other country is called as ………

Answer

Answer: Export


9. The documents which is related to ownership is in International business is called as ……

Answer

Answer: Shipping receipt


10. The trade which exist in within the boundary of acountry is called ……..

Answer

Answer: Internal trade


11. The head office of I.M.F. is in ………

Answer

Answer: Washington


12. Indent is system of importing of …….

Answer

Answer: Indirect


13. Shipping receipt is …….. document of bills of exchange.

Answer

Answer: Half


14. The world trade organisation held …..ministerial conference up to 2013.

Answer

Answer: 9


True or False

1. Shipping receipt is contract.

Answer

Answer: True


2. Captain gives shipping receipt to captain.

Answer

Answer: True


3. Export promotion means import is more then export.

Answer

Answer: False


4. Mates receipt is used in export.

Answer

Answer: True


5. In external trade the payment is easy.

Answer

Answer: False


6. For promoting export business India start devaluation of money in 1991.

Answer

Answer: True


7. Indent send to producers.

Answer

Answer: False


8. Number of member in World Trade Organisation is 164.

Answer

Answer: True


9. Indent is sent to direct producer.

Answer

Answer: False


10. Indent is also called demand draft.

Answer

Answer: True


11. Charter party contract is two types.

Answer

Answer: False


12. External trade give foreign exchange.

Answer

Answer: True


13. Nav Bhatak and charter party are different document.

Answer

Answer: False


14. Shipping receipt is issued by captain.

Answer

Answer: False


15. The head office of World Trade Organisation is in Geneva.

Answer

Answer: True


Match the Columns

(A) (B)
1. Goods imported from abroad (a) Business without prohibition
2. Export goods to abroad (b) Import
3. International monetary fund (c) Export
4. World Trade Organisation (d) Monetary policy
5. Establishment of World Bank (e) Dock warrant
6. Sales of lading bill (f) Mortgage document
7. GAIT (g) Shipping receipt
8. Ownership of goods (h) The general agreement of tariff on trade
9. Prohibited godown  (i) Importer
10. D/A or D/P bill j) 1945.
Answer

Answer:

(A) (B)
1. Goods imported from abroad (b) Import
2. Export goods to abroad (c) Export
3. International monetary fund (d) Monetary policy
4. World Trade Organisation (a) Business without prohibition
5. Establishment of World Bank j) 1945.
6. Sales of lading bill (i) Importer
7. GAIT (h) The general agreement of tariff on trade
8. Ownership of goods (g) Shipping receipt
9. Prohibited godown (e) Dock warrant
10. D/A or D/P bill (f) Mortgage document

We hope the given NCERT MCQ Questions for Class 11 Business Studies Chapter 11 International Business with Answers Pdf free download will definitely yield fruitful results. If you have any queries related to CBSE Class 11 International Business MCQs Multiple Choice Questions with Answers, drop your questions below and will get back to you in no time.

What is Central Force in Physics? | Definition, Equation, Examples – Gravitation

Central Forces Physics:
Central force is that force which acts along the line joining towards the centres of two interacting bodies. A central force is always directed towards the centre as away from a fixed point.

We are giving a detailed and clear sheet on all Physics Notes that are very useful to understand the Basic Physics Concepts.

What is Central Force in Physics? | Definition, Equation, Examples – Gravitation

Our ultimate goal is to solve the equations of motion for two masses m1 and m2 subject to a central force acting between them.

Central Force Equation:

F=F(r)\(\hat{r}\)

In the introduction, we defined a central force to satisfy two characteristics. We can now write turn these descriptions of the characteristics into equations:
(a) A central force depends only on the separation between the two bodies
f21 = −f12 = f(r2 − r1)

(b) it points along the line connecting the two bodies
f21 = −f12 = f(r2 − r1) = f(r) \(\hat{r}\)

Central Forces Examples:

  • Projetile Motion
  • Force due to Graviation
  • Simple harmonic Motion
  • Electrostatic, Magnetostatic Forces

Gravitation:
Have you ever thought, when we throw a ball above the ground level, why it returns back to the ground. It’s because of gravity. When a ball is thrown above the ground in the opposite direction, a gravitational force acts on it which pulls it downwards and makes it fall. This phenomena is called gravitation.

Learn relation between gravitational field and potential field, Kepler’s law of planetary, weightlessness of objects in absence of gravitation, etc.

Newton’s Law of Gravitation Central Force
Acceleration Due to Gravity Factors Affecting Acceleration Due to Gravity
Gravitational Field Intensity Gravitational Potential Energy
Relation between Gravitational Field and Potential Kepler s Laws of Planetary Motion
Earth’s Satellite Orbital Velocity
Escape Velocity Weightlessness

MCQ Questions for Class 11 Business Studies Chapter 8 Sources of Business Finance with Answers

We have compiled NCERT MCQ Questions for Class 11 Business Studies Chapter 8 Sources of Business Finance with Answers Pdf free download. MCQ Questions for Class 11 Business Studies with Answers were prepared according to the latest question paper pattern. Practicing these Sources of Business Finance Class 11 Business Studies MCQs Questions with Answers really effective to improve your basics and learn all the key concepts.

Sources of Business Finance Class 11 MCQs Questions with Answers

Objective Type Questions

Question 1.
Minimum number of members required for making private company :
(a) 2
(b) 3
(c) 5
(d) 7

Answer

Answer: (a) 2


Question 2.
For the approval of name of the company is applied to :
(a) SEBI
(b) Registrar of company
(c) Indian Government
(d) Concerning state government where company is to be registered.

Answer

Answer: (b) Registrar of company


Question 3.
Prospectus is issued by:
(a) Private company
(b) Public company seeking investment from public
(c) Public corporations
(d) All public companies.

Answer

Answer: (d) All public companies.


Question 4.
Signatures are done on primary documents before incorporation:
(a) Before incorporation
(b) After incorporation but before capital subscription
(c) After incorporation but before commencement of the business
(d) After commencement of the business.

Answer

Answer: (c) After incorporation but before commencement of the business


Question 5.
Minimum number of members required for making public company:
(a) 5
(b) 7
(c) 12
(d) 21

Answer

Answer: (b) 7


Question 6.
Proposed name of the company is declared void if:
(a) Is resembling to any existing company name
(b) Is resembling to any existing company logo
(c) Is resembling to any symbol of Indian Government or UNO
(d) None of these.

Answer

Answer: (d) None of these.


Question 7.
Chronological order of formation of a public company :
(a) Promotion, commencement of business, incorporation capital subscription
(b) Incorporation, capital subscription, commencement of business, promotion
(c) Promotion, incorporation, capital subscription, commencement of business
(d) Capital subscription, promotion, incorporation, commencement of business.

Answer

Answer: (b) Incorporation, capital subscription, commencement of business, promotion


Fill in the blanks

1. …… shareholder have the voting right for every proposal of company.

Answer

Answer: Equity


2. The capital of every company is divided in equal small parts is called ……..

Answer

Answer: Shares


3. Indian Industrial finance corporation is established on ……..

Answer

Answer: 1948


4. Commercial Bank provide loan to business firm for ……..

Answer

Answer: Short-term


5. Long term finance is called …….. capital.

Answer

Answer: Fixed


6. ………. have fixed rate of dividend.

Answer

Answer: Preference


7. The period of long term finance is more than ……..

Answer

Answer: 10


8. On debentures the rate of dividend is ……

Answer

Answer: Predecided.


9. ….. holder does have pre right for the capital at wind up of company.

Answer

Answer: Preference


10. The debenture gets mortgage of asset is called ……….

Answer

Answer: Mortgage debenture


10. The main office of Indian Industrial finance corporation is in ………

Answer

Answer: Mumbai


11. The President of unit trust of India is selected by …….

Answer

Answer: Reserve Bank of India


12. Short term finance is called ……. capital.

Answer

Answer: Working


13. Fully paid up share capital can change in ………

Answer

Answer: Stock


14. On the winding up of company preference is given to …….

Answer

Answer: Preference


True or False

1. Equity shares are long term sources of Business Finance.

Answer

Answer: True


2. Debenture holders possess right to vote.

Answer

Answer: True


3. Preference share carry preferential right are distribution of Dividends.

Answer

Answer: True


4. Equity share included in ownership capital.

Answer

Answer: True


5. Debenture included in ownership capital.

Answer

Answer: False


6. Small scale Industries need small amount of capital.

Answer

Answer: False


7. In private sector emphasis is given of efficiency.

Answer

Answer: False


8. The managemet of mutual fund is in the hands of professional management.

Answer

Answer: False


9. Public deposit is in the form of lent capital.

Answer

Answer: True


10. Working capital is a short term capital.

Answer

Answer: False


11. Equity share represents owners equity.

Answer

Answer: True


12. Public deposit is a source of medium term finance.

Answer

Answer: True


13. Equity share capital is long term source of business finance.

Answer

Answer: True


14. Public deposit is source of middle term finance.

Answer

Answer: False


15. In preference share there is no priority of dividend.

Answer

Answer: True


16. Public sector’s main aim to earn maximum profit.

Answer

Answer: True


17. Commercial bank provide long-term finance.

Answer

Answer: True


18. First state finance corporation is established in U.P.

Answer

Answer: True


19. Preference share are of several types.

Answer

Answer: True


20. American deposit receipt can be converted in any money.

Answer

Answer: False


Match the Columns

(A) (B)
1. Interfere in management (a) F.D.I.
2. Short term finance (b) Debenture
3. Lent fund (c) Commercial Bank
4. International source of finance (d) Shareholder
5. Industrial development Bank (e) 1951
6. Industrial development corporation (f) 1948
7. Indian Industrial finance corporation (g) 1954
8. First state of state finance corporation (h) 1964
9. Public deposit (i) Emphasis on Assets
10. Debentures (j) Public
Answer

Answer:

(A) (B)
1. Interfere in management (d) Shareholder
2. Short term finance (c) Commercial Bank
3. Lent fund (b) Debenture
4. International source of finance (a) F.D.I.
5. Industrial development Bank (h) 1964
6. Industrial development corporation (g) 1954
7. Indian Industrial finance corporation (f) 1948
8. First state of state finance corporation (e) 1951
9. Public deposit (j) Public
10. Debentures (i) Emphasis on Assets

We hope the given NCERT MCQ Questions for Class 11 Business Studies Chapter 8 Sources of Business Finance with Answers Pdf free download will definitely yield fruitful results. If you have any queries related to CBSE Class 11 Sources of Business Finance MCQs Multiple Choice Questions with Answers, drop your questions below and will get back to you in no time.

MCQ Questions for Class 11 Business Studies Chapter 7 Formation of a Company with Answers

We have compiled NCERT MCQ Questions for Class 11 Business Studies Chapter 7 Formation of a Company with Answers Pdf free download. MCQ Questions for Class 11 Business Studies with Answers were prepared according to the latest question paper pattern. Practicing these Formation of a Company Class 11 Business Studies MCQs Questions with Answers really effective to improve your basics and learn all the key concepts.

Formation of a Company Class 11 MCQs Questions with Answers

Question 1.
Preliminary Contracts are
(a) binding on the Company
(b) binding on the Company, if ratified after incorporation
(c) binding on the Company, after incorporation
(d) not binding on the Company

Answer

Answer: (d) Not binding on the Company


Question 2.
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

Answer

Answer: (d) In case of any of the above


Question 3.
The company needs to obtain prior permision from central government when it changes the address of its registered office from
(a) one city to another city
(b) with in the same city
(c) one state to another
(d) one country to another country

Answer

Answer: (c) one state to another


Question 4.
Powers, rights, remuneration, qualification and duties of directors are discussed clearly in
(a) Memorandum of Association
(b) Articles of Association
(c) Prospectus
(d) none of the above

Answer

Answer: (b) Articles of Association


Question 5.
_____________ share capital has priority both in repayment of dividend as well as capital.
(a) Equity
(b) non preference
(c) Preference
(d) all of the above

Answer

Answer: (c) Preference


Question 6.
The Prospectus must be issued to the public within ______________ days of its date
(a) 30
(b) 60
(c) 90
(d) 100

Answer

Answer: (c) 90


Question 7.
___________ cannot give invitation to the public to subscribe for any shares in or debentures of the company
(a) Subsidiary company
(b) Statutory Company
(c) Private company
(d) Registered company

Answer

Answer: (c) Private company


Question 8.
The shares of a _______________ company can be freely transferable
(a) Private ltd
(b) Public ltd
(c) Partnership
(d) all of the above

Answer

Answer: (b) Public ltd


Question 9.
Which of the following clause of Memorandum of Association cannot be altered
(a) Name
(b) Object
(c) situation
(d) liability

Answer

Answer: (d) liability


Question 10.
The company will be considered as separate person and different from its members from the date (when the) _____________
(a) start of business
(b) Apply for registration
(c) receive incorporation certificate
(d) mentioned in certificate

Answer

Answer: (d) mentioned in certificate


Question 11.
A statement of nominal capital must be given at the time of incorporation by the company when the share capital is less than
(a) 50 Lakh
(b) 1 crore
(c) 10 Lakh
(d) 25 Lakh

Answer

Answer: (d) 25 Lakh


Question 12.
The application for registration of a company should be presented to the _______________ of the state appointed under Companies Act 1956
(a) Controller
(b) registrar
(c) Governor
(d) registration officer

Answer

Answer: (b) registrar


Question 13.
Preliminary Contracts are signed
(a) Before the incorporation
(b) After incorporation but before capital subscription
(c) After incorporation but before commencement of business
(d) After commencement of business

Answer

Answer: (a) Before the incorporation


Question 14.
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

Answer

Answer: (b) Registrar of Companies


Question 15.
Private company prohibits any invitation or acceptance of deposits from persons other than its ___________
(a) Members
(b) directors
(c) Partners
(d) banks

Answer

Answer: (a) Members


Question 16.
For example Par value is Rs10 and it is issued at Rs15 then Rs5 is the ___________ amount
(a) Profit
(b) Market value
(c) dividend
(d) premium

Answer

Answer: (d) premium


Question 17.
The dividend payable to ___________ share holders is payable on fixed figure or percent
(a) Equity
(b) non preference
(c) Preference
(d) all of the above

Answer

Answer: (c) Preference


Question 18.
If the company can make arrangements for raising the capital privately so that pubic appeal is unnecessary, the company is required to prepare a _________________
(a) Prospectus
(b) statement in lieu of Prospectus
(c) certificate of Prospectus
(d) none of the above

Answer

Answer: (b) statement in lieu of Prospectus


Question 19.
A private company means a company which has a minimum paid up capital of Rs.————-
(a) 1,00,000
(b) 5,00,000
(c) 50,00,000
(d) none of the above

Answer

Answer: (b) 5,00,000


Question 20.
The liability of the members of the company can be limited by
(a) Share
(b) Guarantee
(c) Both a & b
(d) Neither a nor b

Answer

Answer: (c) Both a & b


Question 21.
If a company is instructed to change its name which resembles the name of an existing company then the company can change the name by
(a) Passing a special resolution
(b) obtaining permission from central government
(c) Passing an ordinary resolution
(d) Both a & b

Answer

Answer: (c) Passing an ordinary resolution


Question 22.
The articles of association needs to be signed by
(a) all proposed directors
(b) registrar
(c) subscribers of memorandum
(d) none of the above

Answer

Answer: (c) subscribers of memorandum


Question 23.
Among the following which documents are not mandatory to be submitted to the registrar along with incorporation application by a private company.
(a) Address of Registered office & undertaking
(b) Undertaking and statement of capital
(c) statement of capital & list of directors
(d) list of directors and statement of capital

Answer

Answer: (a) Address of Registered office & undertaking


Question 24.
The application for registration of a company should be presented to the registrar of the state in which the _______________ of the company is to be situated
(a) Manufacturing plant
(b) first branch
(c) business office
(d) any of the above.

Answer

Answer: (c) business office


Question 25.
Stages in the formation of a public company are in the following order
(a) Promotion, Commencement of Business, Incorporation, Capital Subscription
(b) Incorporation, Capital Subscription. Commencement of Business, Promotion
(c) Promotion, Incorporation, Capital Subscription, Commencement of Business
(d) Capital Subscription, Promotion, Incorporation, Commencement of Business

Answer

Answer: (c) Promotion, Incorporation, Capital Subscription, Commencement of Business


Question 26.
Minimum number of members to form a public company is
(a) 5
(b) 7
(c) 12
(d) 21

Answer

Answer: (b) 7


Question 27.
A person cannot hold directorship in more than ____ public companies
(a) 3
(b) 10
(c) 20
(d) 7

Answer

Answer: (c) 20


Question 28.
__________ means the total amount of called up capital on the shares issued and subscribed by the shareholders on capital account.
(a) Called-up capital
(b) subscribed capital
(c) nominal capital
(d) Paid-up capital

Answer

Answer: (a) Called-up capital


Question 29.
Par value of shares means the __________ value of the shares
(a) Actual
(b) face
(c) Market
(d) dividend

Answer

Answer: (b) face


Question 30.
A copy of the ________________ must accompany each from of application for shares offered to the public.
(a) Memorandum of association
(b) Prospectus
(c) Articles of association
(d) None of the above

Answer

Answer: (b) Prospectus


Question 31.
A private company means a company which has a minimum paid up capital of Rs.————-
(a) 1,00,000
(b) 5,00,000
(c) 50,00,000
(d) none of the above

Answer

Answer: (a) 1,00,000


Question 32.
“Men may come and men may go but the company exist”- this explains which characteristics of the company as per companies Act 1956
(a) Separate legal entity
(b) Perpetual Succession
(c) Capacity to sue
(d) None of the above

Answer

Answer: (b) Perpetual Succession


Question 33.
Which of the following is not a clause of memorandum of association
(a) situation
(b) capital
(c) subscription
(d) directors

Answer

Answer: (d) directors


Question 34.
The certificate of capital will be issued by
(a) Registrar of companies Act
(b) Controller of companies Act.
(c) Registrar of capital issues
(d) controller of capital issues

Answer

Answer: (d) controller of capital issues


Question 35.
The address of the registered office of the company must be notified to the registrar within _________ days of registration, if it is not done at the time of incorporation
(a) 15
(b) 30
(c) 60
(d) 45

Answer

Answer: (b) 30


Question 36.
Minimum number of members required to apply for incorporation certificate in a public ltd company is
(a) 3
(b) 2
(c) 7
(d) 50

Answer

Answer: (c) 7


Question 37.
A prospectus is issued by
(a) A private company
(b) A public company seeking investment from public
(c) A public enterprise
(d) A public company

Answer

Answer: (b) A public company seeking investment from public


Question 38.
Minimum number of members to form a private company is
(a) 2
(b) 3
(c) 5
(d) 7

Answer

Answer: (a) 2


Question 39.
A company is known as the _______company of another company if it has control over that other company.
(a) subsidiary
(b) holding
(c) controlling
(d) statutory

Answer

Answer: (b) holding


Question 40.
__________ means the total amount of called up share capital which is actually paid to the company by the members
(a) nominal capital
(b) reserve capital
(c) called up capital
(d) Paid-up capital

Answer

Answer: (d) Paid-up capital


Question 41.
_______________ capital means the sum mentioned in the capital clause of Memorandum of Association
(a) Full capital
(b) Maximum capital
(c) share capital
(d) Nominal Capital

Answer

Answer: (d) Nominal Capital


Question 42.
A Government Company means any company in which not less than 51% of the paid-up share capital is held by
(a) Central Government
(b) State government
(c) Both a & b
(d) Neither a nor b

Answer

Answer: (c) Both a & b


Question 43.
_________ are the company created by special act of the legislature
(a) Registered company
(b) Public Ltd Company
(c) Private ltd company
(d) Statutory company

Answer

Answer: (d) Statutory company


Question 44.
When the registered office of a company is changed within a city then it has to be intimated to the registrar within ________ days of such change
(a) 60
(b) 45
(c) 30
(d) 7

Answer

Answer: (c) 30


Question 45.
Number of clauses in Memorandum of Association is
(a) 5
(b) 6
(c) 7
(d) 8

Answer

Answer: (b) 6


Question 46.
If the proposed nominal capital is more than 25 lakh at the time of incorporation then the company needs to submit ________________ along with the application
(a) statement of capital
(b) certificate of incorporation
(c) certificate of capital
(d) certificate of incorporation

Answer

Answer: (c) certificate of capital


Question 47.
Number of documents to be submitted, by a public ltd company, to the registrar while applying for incorporation of the company is
(a) 3
(b) 2
(c) 7
(d) 50

Answer

Answer: (c) 7


Question 48.
Section 12 of Companies Act 1956, deals with
(a) Incorporation
(b) Share capital
(c) Number of Directors
(d) Share holders

Answer

Answer: (a) Incorporation


True or False 

1. It is necessary to get every company incorporated, whether private or public.

Answer

Answer: True


2. A private company can commence business after incorporation.

Answer

Answer: True


3. A company can ratify preliminary contracts after incorporation.

Answer

Answer: False


4. ‘Articles of Association’ is the main document of a company.

Answer

Answer: False


5. A provisional contract is signed by promoters before the incorporation of the company.

Answer

Answer: False


6. Statement in lieu of prospectus can be filed by a public company going for a public issue.

Answer

Answer: True


7. Experts who help promoters in the promotion of a company are also called promoters.

Answer

Answer: False


8. If a company is registered on the basis of fictitious names, its incorporation is invalid.

Answer

Answer: False


9. Every company must file Articles of Association.

Answer

Answer: Flase


10. If a company suffers heavy issues and its assets are not enough to pay off its liabilities, the balance can be recovered from the private assets of its members.

Answer

Answer: False


We hope the given NCERT MCQ Questions for Class 11 Business Studies Chapter 7 Formation of a Company with Answers Pdf free download will definitely yield fruitful results. If you have any queries related to CBSE Class 11 Formation of a Company MCQs Multiple Choice Questions with Answers, drop your questions below and will get back to you in no time.