Choater 21 Chamber Of Commerce And Industry

Question 1

What is meant by chamber of commerce and industry.
Ans.

Q.2

Answer 1

A chamber of commerce is a voluntary association of businessmen, financers, manufacturers and other traders in a particular city or area for promoting trade, business and protecting the members’ business interests.

Question 2

Which documents have great importance for the formation of chamber of commerce and industry.
Ans.

Q.3

Answer 2

The following documents are important for the establishment of chamber of commerce and industry:
(i) Manifesto of chamber. (ii) Articles of chamber.

Question 3

State the important points of the manifesto / constitution of chamber of commerce and industry.
Ans.

Q.4

Answer 3

The main points of the manifesto of chamber are as under:
(i) Name of chamber of commerce and industry. (ii) Address of registered office of chamber. (iji) Objectives of chamber.
(iv) Liabilities of the members of chamber.
(v) Method of distribution for assets in case of winding up of chamber.

Question 4

State the kinds and names of the members of the chamber of commerce and industry.
Ans.

Answer 4

(i) Chamber members (ii) Associate members (iti) Group members (iv) Town associations

Question 5

State the Important points of the rules regulations of chamber of commeree and Industry,
(0)

Answer 5

Provisions for becoming a member, (1i) Procedure for becoming a member, (il) Procedure of changing the membership.
(v) Procedure for the cancellation of membership
(v) Types of members.