Question # 1

The minimum number of directors in a multimembers private ltd. company:

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Five

Seven

Two

Not fixed

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

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Statutory meeting

Annual general meeting

Extra ordinary meeting

None of these

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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6 months

9 months

12 months

18 months

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

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Five

Seven

Two

Not fixed

What are the possibilities to wind up a company:

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Voluntary winding up

Voluntary winding up under the supervision of court

Violent winding up by the court

All of them

What is not necessary for a private company:

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Statutory meeting

Statutory report

Both (a) & (b)

None of these

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

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2 years

3 years

7 years

10 years

People who run the management of a joint stock company are

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Shareholders

Creditors

Directors

Debentureholders

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

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Company's registrar

Company's auditor

Company's creditor

None of these

An ordinary resolution is passed for:

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Winding up of company

Section of statutory company

Not announcing the dividend

All of them

The notice of special resolution must be given to the members

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21 days before

37 days before

33 days before

14 days before

Co-operative society is established under the following act:

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1920

1925

1930

1935

An ordinary resolution is passed for

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Winding up of company

Section of statutory company

Not announcing the dividend

All of them

Who provides the capital for co-operative society:

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Government

Members

Banks

None of these

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

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Seven

Nine

Eleven

Two

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

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Company's registrar

Company's auditor

Company's creditor

None of them

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

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