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Online Tests
Principle of Commerce Icom Part 1 English Medium Chapter 7 Online Test MCQs With Answers
Question # 1
Issuance of notice about statutory meeting is the responsibility of:
Choose an answer
Promoters
Shareholders
Company secretary
Directors
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Question # 2
Whose signature is important on statutory report of the company
Choose an answer
Shareholders
Promoters
Directors
Auditors
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Question # 3
The notice of special resolution must be given to the members
Choose an answer
21 days before
37 days before
33 days before
14 days before
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Question # 4
What is the time duration in which a public company is bound to call a general meeting after getting certificate of incorportaion:
Choose an answer
6 months
9months
12months
16months
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Question # 5
An ordinary resolution is passed for:
Choose an answer
Winding up of company
Section of statutory company
Not announcing the dividend
All of them
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Question # 6
The directors are selected by
Choose an answer
Shareholders
Promoters
Board of directors
All three can do
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Question # 7
The shareholders should be informed about the statutory meeting least:
Choose an answer
14 days before
21 days before
7 days before
None of these
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Question # 8
The objective of a statutory meeting is:
Choose an answer
To raise funds
To settle preferences
To win the confidence of company's shareholders
To sell the shares
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Question # 9
Whose signature is important on statutory report of the company:
Choose an answer
Shareholders
Promoters
Directors
Auditors
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Question # 10
What are the possibilities to wind up a company:
Choose an answer
Voluntary winding up
Voluntary winding up under the supervision of court
Violent winding up by the court
All of them
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Question # 11
The minimum number of directors in a multi-members private ltd. company
Choose an answer
Five
Seven
Two
Not fixed
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Question # 12
What is the time duration in which a public company is bound to call a general meeting after getting certificate of incorporation:
Choose an answer
6 months
9 months
12 months
16 months
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Question # 13
People who run the management of a joint stock company are:
Choose an answer
Shareholders
Creditors
Directors
Debenture holders
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Question # 14
What are the possibilities to wind up a company
Choose an answer
Voluntary winding up
Voluntary winding up under the supervision of court
Voilent winding up by the court
All of them
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Question # 15
For how much time the directors are selected in public ltd. company:
Choose an answer
2 years
3 years
7 years
10 years
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