Question # 1

The objective of a statutory meeting is

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To raise funds

To settle preference

To gain the confidence of company's shareholders

To sell the shares

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

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2 years

3 years

7 years

10 years

The details of the allotted shares is mentioned in

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Statutory report

Annual meeting report

Special meeting report

All of them

People who run the management of a joint stock company are

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Shareholders

Creditors

Directors

Debentureholders

The details of the allotted shares is mentioned in:

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Statutory report

Annual meeting report

Special meeting report

All of them

Who can be a director of a company:

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Immature / Minor

Artificial person

Representative of the creditor

Insolvent person

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

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Company report

Auditor'sreport

Statutoryreport

Profit and lossreport

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

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Seven

Nine

Eleven

Two

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

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

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