First Year Principles of Commerce Chapter 7 Online MCQ Test for 1st Year Principles of Commerce Chapter 7 (Joint Stock (III))

This online test contains MCQs about following topics:

Directors of the company . Qualification and disqualification of directors . Vacation of Office by director . Powers of duties of directors . Meetings of the company . Resolution and its kinds . Winding up of the company

ICOM Part 1 Commerce Ch. 7 Test
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MCQ's Test For Chapter 7 "Principle of Commerce Icom Part 1 English Medium Chapter 7 Online Test"

Try The MCQ's Test For Chapter 7 "Principle of Commerce Icom Part 1 English Medium Chapter 7 Online Test"

  • Total Questions15

  • Time Allowed20

Principle of Commerce Icom Part 1 English Medium Chapter 7 Online Test

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Question # 1

Co-operative society is established under the following act:

Question # 2

After the formation of a company, the first meeting of shareholder is called:

Question # 3

An ordinary resolution is passed for:

Question # 4

The details of the allotted shares is mentioned in

Question # 5

After the formation of a company, what is the first meeting of shareholders is called

Question # 6

Who provides the capital for co-operative society:

Question # 7

Who can be a director of a company

Question # 8

Whose signature is important on statutory report of the company

Question # 9

People who run the management of a joint stock company are:

Question # 10

What is the time duration in which a public company is bound to call a general meeting after getting certificate of incorporation

Question # 11

For how much time the directors are selected in a public ltd. company

Question # 12

The objective of a statutory meeting is:

Question # 13

The details of the allotted shares is mentioned in:

Question # 14

The objective of a statutory meeting is

Question # 15

The shareholders should be informed about the statutory meeting least:

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11th Principles of Commerce Chapter 7 Test

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ICom Part 1 Principle of Commerce (English Medium) Chapter 7 Important MCQ's

Sr.# Question Answer
1 Who can be a director of a company:
A. Immature / Minor
B. Artificial person
C. Representative of the creditor
D. Insolvent person
2 For how much time the directors are selected in public ltd. company:
A. 2 years
B. 3 years
C. 7 years
D. 10 years
3 The notice of special resolution must be given to the members
A. 21 days before
B. 37 days before
C. 33 days before
D. 14 days before
4 An ordinary resolution is passed for
A. Winding up of company
B. Section of statutory company
C. Not announcing the dividend
D. All of them
5 Co-operative society is established under the following act:
A. 1920
B. 1925
C. 1930
D. 1935
6 An ordinary resolution is passed for:
A. Winding up of company
B. Section of statutory company
C. Not announcing the dividend
D. All of them
7 After the formation of a company, what is the first meeting of shareholders is called
A. Statutory meeting
B. Annual general meeting
C. Extra ordinary meeting
D. None of these
8 After the formation of a company, the first meeting of shareholder is called:
A. Statutory meeting
B. Annual general meeting
C. Extra ordinary meeting
D. None of these
9 The minimum number of directors in a public ltd. company:
A. Seven
B. Nine
C. Eleven
D. Two
10 What is the time duration in which a public company is bound to call a general meeting after getting certificate of incorporation
A. 6 months
B. 9 months
C. 12 months
D. 18 months

Test Questions