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

00:00
Question # 1

A company formed by the royal order is:

Question # 2

The memorandum of company is prepared by:

Question # 3

Holding company is a company which has

Question # 4

Business can started after getting certificate of incorporation:

Question # 5

The most important document of a company is

Question # 6

Modarba company is formed under:

Question # 7

What has to be bought in order to become shareholder of a company:

Question # 8

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

Question # 9

The memorandum and articles of company are:

Question # 10

The profit given to shareholder on their investment by a company is called:

Question # 11

What does a company issue to get loan from the public

Question # 12

Which company can issue the shares to public

Question # 13

The profit given to shareholder on their investment by a company is called

Question # 14

The memorandum and articles of company are

Question # 15

A public ltd. company is included in the list of:

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

Sr.# Question Answer
1 Business can started after getting certificate of incorporation:
A. Public company
B. Statutory company
C. Private company
D. All the above
2 Which company requires a certificate of commencement
A. Public company
B. Private company
C. Chartered company
D. All the above
3 Modarba company is formed under
A. Modarba companies ordinance 1980
B. Modarba companies ordinance 1984
C. Modarba companies ordinance 1960
D. Modarba companies ordinance 1970
4 Holding company is a company which has:
A. No shares of other company
B. Less than 50% shares of other company
C. More than 50% shares of other company
D. 50% shares of other company
5 What does a company get from the prospectus:
A. Capital
B. Fame
C. Registration
D. All the three
6 What does a company issue to get loan from the public
A. Shares
B. Debentures
C. Dividend
D. All the three
7 What has to be bought in order to become shareholders of a company
A. Shares
B. Debentures
C. Dividend
D. None of these
8 Holding company is a company which has
A. No shares of other company
B. Less than 50% shares of other company
C. More than 50% shares of other company
D. 50% shares of other company
9 Which company can issue the shares to public:
A. Chartered company
B. Public ltd. company
C. Private company
D. All the above
10 A company established by the order of parliament of president is called:
A. Government company
B. Chartered company
C. Statutory company
D. None of these

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