MCQGeeks
0 : 0 : 1
CBSE
JEE
NTSE
NEET
English
UK Quiz
Quiz
Driving Test
Practice
Games
CBSE
Class 11 Business Studies
Formation Of A Company
Quiz 1
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Preliminary Contracts are
0%
binding on the Company
0%
binding on the Company, if ratified after incorporation
0%
binding on the Company, after incorporation
0%
not binding on the Company
Explanation
Not binding on the Company
Stages in the formation of a public company are in the following order
0%
Promotion, Commencement of Business, Incorporation, Capital Subscription
0%
Incorporation, Capital Subscription. Commencement of Business, Promotion
0%
Promotion, Incorporation, Capital Subscription, Commencement of Business
0%
Capital Subscription, Promotion, Incorporation, Commencement of Business
Explanation
Promotion, Incorporation, Capital Subscription, Commencement of Business
A proposed name of Company is considered undesirable if
0%
It is identical with the name of an existing company
0%
It resembles closely with the name of an existing company
0%
It is an emblem of Government of India, United Nations etc.
0%
In case of any of the above
Explanation
In case of any of the above
Minimum number of members to form a public company is
0%
5
0%
7
0%
12
0%
21
Explanation
7
The company needs to obtain prior permision from central government when it changes the address of its registered office from
0%
one city to another city
0%
with in the same city
0%
one state to another
0%
one country to another country
Explanation
one state to another
A person cannot hold directorship in more than ____ public companies
0%
3
0%
10
0%
20
0%
7
Explanation
20
Powers, rights, remuneration, qualification and duties of directors are discussed clearly in
0%
Memorandum of Association
0%
Articles of Association
0%
Prospectus
0%
none of the above
Explanation
Articles of Association
__________ means the total amount of called up capital on the shares issued and subscribed by the shareholders on capital account.
0%
Called-up capital
0%
subscribed capital
0%
nominal capital
0%
Paid-up capital
Explanation
Called-up capital
_____________ share capital has priority both in repayment of dividend as well as capital.
0%
Equity
0%
non preference
0%
Preference
0%
all of the above
Explanation
Preference
Par value of shares means the __________ value of the shares
0%
Actual
0%
face
0%
Market
0%
dividend
Explanation
face
The Prospectus must be issued to the public within ______________ days of its date
0%
30
0%
60
0%
90
0%
100
Explanation
90
A copy of the ________________ must accompany each from of application for shares offered to the public.
0%
Memorandum of association
0%
Prospectus
0%
Articles of association
0%
None of the above
Explanation
Prospectus
___________ cannot give invitation to the public to subscribe for any shares in or debentures of the company
0%
Subsidiary company
0%
Statutory Company
0%
Private company
0%
Registered company
Explanation
Private company
A private company means a company which has a minimum paid up capital of Rs. ————-
0%
1,00,000
0%
5,00,000
0%
50,00,000
0%
none of the above
Explanation
1,00,000
The shares of a _______________ company can be freely transferable
0%
Private ltd
0%
Public ltd
0%
Partnership
0%
all of the above
Explanation
Public ltd
“Men may come and men may go but the company exist”- this explains which characteristics of the company as per companies Act 1956
0%
Separate legal entity
0%
Perpetual Succession
0%
Capacity to sue
0%
None of the above
Explanation
Perpetual Succession
Which of the following clause of Memorandum of Association cannot be altered
0%
Name
0%
Object
0%
situation
0%
liability
Explanation
liability
Which of the following is not a clause of memorandum of association
0%
situation
0%
capital
0%
subscription
0%
directors
Explanation
directors
The company will be considered as separate person and different from its members from the date (when the) _____________
0%
start of business
0%
Apply for registration
0%
receive incorporation certificate
0%
mentioned in certificate
Explanation
mentioned in certificate
The certificate of capital will be issued by
0%
Registrar of companies Act
0%
Controller of companies Act.
0%
Registrar of capital issues
0%
controller of capital issues
Explanation
controller of capital issues
0 h : 0 m : 1 s
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
0
Answered
0
Not Answered
0
Not Visited
Correct : 0
Incorrect : 0
Report Question
×
What's an issue?
Question is wrong
Answer is wrong
Other Reason
Want to elaborate a bit more? (optional)
Support mcqgeeks.com by disabling your adblocker.
×
Please disable the adBlock and continue.
Thank you.
Reload page