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

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

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Question # 1

The notice of special resolution must be given to the members

Question # 2

Whose signature is important on statutory report of the company

Question # 3

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

Question # 4

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

Question # 5

What are the possibilities to wind up a company

Question # 6

An ordinary resolution is passed for

Question # 7

An ordinary resolution is passed for:

Question # 8

Who can be a director of a company:

Question # 9

Whose signature is important on statutory report of the company:

Question # 10

The details of the allotted shares is mentioned in

Question # 11

The minimum number of directors in a multi-members private ltd. company

Question # 12

The shareholders should be informed about the statutory meeting least:

Question # 13

The minimum number of directors in a public company

Question # 14

The directors are selected by:

Question # 15

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

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Sr.# Question Answer
1 To whom does the directors of a company submit the copy of profit and loss account
A. Company's registrar
B. Company's auditor
C. Company's creditor
D. None of them
2 Who provides the capital for co-operative society:
A. Government
B. Members
C. Banks
D. None of these
3 The minimum number of directors in a public company
A. Seven
B. Nine
C. Eleven
D. Two
4 What are the possibilities to wind up a company:
A. Voluntary winding up
B. Voluntary winding up under the supervision of court
C. Violent winding up by the court
D. All of them
5 What is not necessary for a private company:
A. Statutory meeting
B. Statutory report
C. Both (a) & (b)
D. None of these
6 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
7 The directors are selected by
A. Shareholders
B. Promoters
C. Board of directors
D. All three can do
8 The directors are selected by:
A. Shareholders
B. Promoters
C. Board of directors
D. All three can do
9 The basic aim of a co-operative society is:
A. To store goods
B. To earn profit
C. To serve members
D. All the above
10 The details of the allotted shares is mentioned in
A. Statutory report
B. Annual meeting report
C. Special meeting report
D. All of them

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