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

The notice of special resolution must be given to the members

Question # 3

To whom does the directors of a company submit the copy of profit and loss account

Question # 4

What is not necessary for a private company:

Question # 5

The directors are selected by:

Question # 6

Whose signature is important on statutory report of the company

Question # 7

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

Question # 8

The report send along with the notice of statutory meeting is called:

Question # 9

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

Question # 10

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

Question # 11

Issuance of notice about statutory meeting is the responsibility of:

Question # 12

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

Question # 13

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

Question # 14

People who run the management of a joint stock company are

Question # 15

The basic aim of a co-operative society is:

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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 The details of the allotted shares is mentioned in
A. Statutory report
B. Annual meeting report
C. Special meeting report
D. All of them
2 The minimum number of directors in a public ltd. company:
A. Seven
B. Nine
C. Eleven
D. Two
3 The minimum number of directors in a public company
A. Seven
B. Nine
C. Eleven
D. Two
4 Whose signature is important on statutory report of the company
A. Shareholders
B. Promoters
C. Directors
D. Auditors
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 incorportaion:
A. 6 months
B. 9months
C. 12months
D. 16months
7 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
8 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. 16 months
9 The objective of a statutory meeting is
A. To raise funds
B. To settle preference
C. To gain the confidence of company's shareholders
D. To sell the shares
10 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

Test Questions

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