First Year Principles of Commerce Chapter 6 Online MCQ Test for 1st Year Principles of Commerce Chapter 6 (Joint Stock Company (II))

This online test contains MCQs about following topics:

Kinds of company . Difference between public & private company . Formation of a company . Important doucments of company . Difference between memorandum & articles of company . Sources of company's capital . Kinds of company's capital

ICOM Part 1 Commerce Ch. 6 Test
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MCQ's Test For Chapter 6 "Principle of Commerce Icom Part 1 English Medium Chapter 6 Online Test"

Try The MCQ's Test For Chapter 6 "Principle of Commerce Icom Part 1 English Medium Chapter 6 Online Test"

  • Total Questions15

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Principle of Commerce Icom Part 1 English Medium Chapter 6 Online Test

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Question # 1

In case of cumulative preference shares, the profit if not paid for one year is:

Question # 2

Which company can issue the shares to public:

Question # 3

The memorandum and articles of company are

Question # 4

The most important document of a company is

Question # 5

The most important document of a company is:

Question # 6

What does a company issue to get loan from the public:

Question # 7

What does a company get from the prospectus:

Question # 8

A company can sell its shares on the allowing prices:

Question # 9

A company in which at least 51% shares are held by the govt. is called:

Question # 10

Which company requires a certificate of commencement

Question # 11

The debentures holders of the company are its:

Question # 12

A government company can be registered as:

Question # 13

In case of cumulative preference shares, the profit if not paid for one year is

Question # 14

A company formed according to the royal charter is

Question # 15

Holding company is a company which has

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ICom Part 1 Principle of Commerce (English Medium) Chapter 6 Important MCQ's

Sr.# Question Answer
1 A government company can be registered as:
A. Private company
B. Public company
C. No need of registration
D. First two are correct
2 Which company requires a certificate of commencement:
A. Public Company
B. Private Company
C. Chartered Company
D. All the above
3 A public ltd. company is included in the list of:
A.
Business center
B. Custom authorities
C. Stock exchange
D. Chamber of commerce
4 What does a company get from the prospectus:
A. Capital
B. Fame
C. Registration
D. All the three
5 A company can sell its shares on the allowing prices:
A. At par
B. At discount
C. At premium
D. All the above
6 In case of cumulative preference shares, the profit if not paid for one year is:
A. Expired
B. Not Expired
C. Included in company's capital
D. None of the above
7 A company in which at least 51% shares are held by the govt. is called:
A. Chartered company
B. Public company
C. Statutory company
D. Government company
8 A company formed by the royal order is:
A. Modarba company
B. Chartered company
C. Statutory company
D. Registered company
9 The maximum capital of the company stated in its memorendum:
A. Paid up capital
B. Subscribed capital
C. Authorized capital
D. All are correct
10 Which company can issue the shares to public:
A. Chartered company
B. Public ltd. company
C. Private company
D. All the above

Test Questions

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