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A business owned and carried on by members of a Hindu Undivided Family is a:
AJoint Hindu family business
BPublic sector undertaking
CPrivate limited company
DRegistered partnership firm
Answer & Solution
Correct answer: A. Joint Hindu family business
1. It is found only in India.
2. It is one of the oldest forms here.
3. That is joint Hindu family business.
_Source: NCERT Class 11 Business Studies, Chapter 2, Forms of Business Organisation._
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