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

Question # 1

After the formation of a company, what is the first meeting of shareholders is called

Choose an answer

Statutory meeting

Annual general meeting

Extra ordinary meeting

None of these

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Question # 2

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

Choose an answer

Five

Seven

Two

Not fixed

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Question # 3

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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Question # 4

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 # 5

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 # 6

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

Choose an answer

Company's registrar

Company's auditor

Company's creditor

None of these

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Question # 7

Whose signature is important on statutory report of the company:

Choose an answer

Shareholders

Promoters

Directors

Auditors

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Question # 8

The details of the allotted shares is mentioned in:

Choose an answer

Statutory report

Annual meeting report

Special meeting report

All of them

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Question # 9

What is not necessary for a private company:

Choose an answer

Statutory meeting

Statutory report

Both (a) & (b)

None of these

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