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

Whose signature is important on statutory report of the company:

Question # 2

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

Question # 3

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

Question # 4

The directors are selected by

Question # 5

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

Question # 6

Co-operative society is established under the following act:

Question # 7

A Statutory meeting is called after getting the certificate of commencement:

Question # 8

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

Question # 9

What is not necessary for a private company:

Question # 10

Who can be a director of a company:

Question # 11

The notice of special resolution must be given to the members

Question # 12

People who run the management of a joint stock company are

Question # 13

The minimum number of directors in a public ltd. company:

Question # 14

What are the possibilities to wind up a company:

Question # 15

The shareholders should be informed about the statutory meeting least:

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

Sr.# Question Answer
1 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
2 The details of the allotted shares is mentioned in
A. Statutory report
B. Annual meeting report
C. Special meeting report
D. All of them
3 What are the possibilities to wind up a company
A. Voluntary winding up
B. Voluntary winding up under the supervision of court
C. Voilent winding up by the court
D. All of them
4 The minimum number of directors in a public ltd. company:
A. Seven
B. Nine
C. Eleven
D. Two
5 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
6 For how much time the directors are selected in a public ltd. company
A. 2 years
B. 3 years
C. 7 years
D. 10 years
7 The directors are selected by
A. Shareholders
B. Promoters
C. Board of directors
D. All three can do
8 The details of the allotted shares is mentioned in:
A. Statutory report
B. Annual meeting report
C. Special meeting report
D. All of them
9 Who can be a director of a company
A. Immature/Minor
B. Artificial person
C. Representative of the creditor
D. Insolvent person
10 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

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