HOLIDAY HOMEWORK- BUSINESS STUDIES CLASS XI

MAY 22, 2020

 DAY 5

 THANK YOU BOYS FOR LOGGING IN.

 GOOD MORNING BOYS!

 AS TODAY IS THE LAST DAY BEFORE YOUR SUMMER HOLIDAYS, PLEASE READ THE INSTRUCTIONS FOR YOUR PROJECT WORK VERY CAREFULLY:

 TASK#1

 1. YOU HAVE TO MAKE A PROJECT FILE WITH MINIMUM 30 PAGES.
A) FIRST PAGE WILL BE TOPIC
B) SECOND PAGE WILL BE INDEX
C) THIRD PAGE WILL BE ACKNOWLEDGEMENT.
D) FOURTH PAGE WILL BE CERTIFICATE
E) LAST PAGE WILL BE BIBLIOGRAPHY
F) CHOOSE ANY ONE TOPIC OUT OF THE FOLLOWING:

    i) TAKE ANY ONE AID TO TRADE, FOR EXAMPLE INSURANCE AND GATHER FULL         INFORMATION ABOUT THAT AID TO TRADE
  ii)  COVID 19( COVER ALL ASPECTS)
  iii)  PROJECT BASED ON 12 MAY ANNOUNCEMENT ON SELF RELIANCE
.

 TASK#2

 MAKE A SMALL NOTEBOOK FOR BUSINESS STUDIES WORKSHEETS AND ASSIGNMENTS.  PLEASE DO THE FOLLOWING QUESTION AND ANSWERS FOR THIS WEEK:
1)WHY IS COMPANY FORM OF ORGANISATION PREFERRED TO OTHER FORMS OF ORGANISATION?   (3)

 2) "ONE MAN CONTROL IS THE BEST IN THE WORLD IF THAT MAN IS BIG ENOUGH TO MANAGE EVERYTHING". EXPLAIN .   (5)

 3) "A PRIVATE COMPANY AVOIDS MANY OF THE DEFECTS OF A PUBLIC COMPANY." EXPLAIN.     (5)

 4) " A COMPANY IS SAID TO BE AN ARTIFICIAL PERSON CREATED BY LAW WITH PERPETUAL SUCCESSION AND A COMMON SEAL." DISCUSS THE ABOVE STATEMENT.

 5) Harjit Mann visited her native village of Haryana during her vacations along with her parents. She found that the money lender in the village was exploiting the farmers. He was charging a very high rate of interest on the money he had lent to the farmers. Harjit decided to help farmers. She met all the farmers along with her grandfather and told him about the various options for raising funds instead of going to money lenders. She was able to convince farmers to pool their own resources and form an organisation, so that members can take loan from this organisation at reasonable interest, as and when required. The purpose of opening such organisation was not to make profits but to provide help to members.
A) Name the organisation formed by farmers by the support of Harjit.
b)Who can become of the above identified organisation?
c) What is the motive of this kind of organisation?
d) What is the minimum number of persons required to form such organisation?
e) Under which act are these organisations governed?
f) Is registration of such organisations compulsory?
HAPPY HOLIDAYS BOYS! 'STAY HOME, STAY SAFE'. 
GOD BLESS YOU ALL!

GOD BLESS YOUR FAMILY MEMBERS TOO.

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