A statement of nominal capital must be given at the time of incorporation by the company when the share capital is less than
  • 50 Lakh
  • 1 crore
  • 10 Lakh
  • 25 Lakh
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
  • 15
  • 30
  • 60
  • 45
The application for registration of a company should be presented to the _______________ of the state appointed under Companies Act 1956
  • Controller
  • registrar
  • Governor
  • registration officer
Minimum number of members required to apply for incorporation certificate in a public ltd company is
  • 3
  • 2
  • 7
  • 50
Preliminary Contracts are signed
  • Before the incorporation
  • After incorporation but before capital subscription
  • After incorporation but before commencement of business
  • After commencement of business
A prospectus is issued by
  • A private company
  • A public company seeking investment from public
  • A public enterprise
  • A public company
Application for approval of name of a company is to be made to
  • SEBI
  • Registrar of Companies
  • Government of India
  • Government of the State in which Company is to be registered
Minimum number of members to form a private company is
  • 2
  • 3
  • 5
  • 7
Private company prohibits any invitation or acceptance of deposits from persons other than its ___________
  • Members
  • directors
  • Partners
  • banks
A company is known as the _______company of another company if it has control over that other company.
  • subsidiary
  • holding
  • controlling
  • statutory
For example Par value is Rs10 and it is issued at Rs15 then Rs5 is the ___________ amount
  • Profit
  • Market value
  • dividend
  • premium
__________ means the total amount of called up share capital which is actually paid to the company by the members
  • nominal capital
  • reserve capital
  • called up capital
  • Paid-up capital
The dividend payable to ___________ share holders is payable on fixed figure or percent
  • Equity
  • non preference
  • Preference
  • all of the above
_______________ capital means the sum mentioned in the capital clause of Memorandum of Association
  • Full capital
  • Maximum capital
  • share capital
  • Nominal Capital
If the company can make arrangements for raising the capital privately so that pubic appeal is unnecessary, the company is required to prepare a _________________
  • Prospectus
  • statement in lieu of Prospectus
  • certificate of Prospectus
  • none of the above
A Government Company means any company in which not less than 51% of the paid-up share capital is held by
  • Central Government
  • State government
  • Both a & b
  • Neither a nor b
_________ are the company created by special act of the legislature
  • Registered company
  • Public Ltd Company
  • Private ltd company
  • Statutory company
The liability of the members of the company can be limited by
  • Share
  • Guarantee
  • Both a & b
  • Neither a nor b
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
  • 60
  • 45
  • 30
  • 7
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
  • Passing a special resolution
  • obtaining permission from central government
  • Passing an ordinary resolution
  • Both a & b
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