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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
ICOM Part 1 English Medium Subjects
ICOM Part 1 Urdu Medium Subjects
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"
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Total Questions15
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Time Allowed20
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
The most important document of a company is:
Question # 3
Which company requires a certificate of commencement
Question # 4
Business can started after getting certificate of incorporation:
Question # 5
Shares issued to promoter are called:
Question # 6
The memorandum of company is prepared by:
Question # 7
The memorandum and articles of company are
Question # 8
Which company can issue the shares to public:
Question # 9
In case of cumulative preference shares, the profit if not paid for one year is
Question # 10
The maximum capital of the company stated in its memorendum:
Question # 11
The memorandum of company is prepared by
Question # 12
Which company requires a certificate of commencement:
Question # 13
Modarba company is formed under:
Question # 14
A public ltd. company is included in the list of:
Question # 15
The person who invests in a Modaraba company is called:
11th Principles of Commerce Chapter 6 Test
Here you can prepare 11th Principles of Commerce English Medium Chapter 6 Joint Stock Company (II) Test. Click the button for 100% free full practice test.
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ICom Part 1 Principle of Commerce (English Medium) Chapter 6 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | The memorandum and articles of company are |
A. Two names of the same document
B. Two different documents
C. They are not documents
D. Both have the same objective
|
| 2 | The memorandum of company is prepared by |
A. Registrar
B. The promoters
C. The experts
D. The employees
|
| 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 | A company formed according to the royal charter is |
A. Modaraba company
B. Chartered company
C. Statutory company
D. Registered company
|
| 5 | Which company requires a certificate of commencement |
A. Public company
B. Private company
C. Chartered company
D. All the above
|
| 6 | 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
|
| 7 | 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
|
| 8 | A word "private" is not used by: |
A. A statutory company
B. A public company
C. A chartered company
D. All the above
|
| 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
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| 10 | The powers of directors and promoters are discussed in: |
A. MOA
B. AOA
C. Prospectus
D. All of these
|
Test Questions
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