Top 150+ Solved Corporate Regulations MCQ Questions Answer
Q. In case of continuing default to convene the AGM fine is Rs. _______ for every day.
a. 250
b. 300
c. 350
d. 400
Q. Every business transacted at an EGM is a _________ business
a. Ordinary
b. Special
c. Both (a) & (b)
d. None of the above
Q. Majority rule is not applicable when
a. The act done is illegal
b. The act done is ultra vires the company.
c. The act done constitutes a fraud
d. all the above
Q. A cost auditor makes his report to:
a. Members of company
b. Directors of company
c. Registrar
d. C. G.
Q. A company not declare dividend at.
a. Statutory meeting
b. Annual general meeting
c. Extra ordinary G.M
d. None of the above
Q. In the absence of a quorum the proceedings of the meeting will be _________
a. Valid
b. Void
c. Voidable
d. None of the above
Q. If quorum is not present with in _________ time the meeting is stand dissolved.
a. ½ Hr.
b. 1 Hr.
c. 1 ½ Hr
d. 2 Hr.
Q. _________ Order to call a EGM even though 1 member present in person or by proxy.
a. ROC
b. C.G.
c. NCLT
d. D.C.A
Q. ________ can vote at the meeting even though not a member.
a. Body corporate
b. President
c. Governor
d. All the above
Q. Voting right can’t be exercised in case of _________
a. Calls in advance
b. Calls in arrears
c. Both a & b
d. None of the above
Q. Proxy need not be a ____ of the company
a. Shareholders
b. Members
c. Both a and b
d. None of the above
Q. ________ is the official recording of the proceedings of a meeting
a. Quorum
b. Minutes
c. Both a & b
d. None of the above
Q. Minutes should be recorded within _________ days from the date of conclusion of everymeeting
a. 10
b. 20
c. 30
d. 40