Top 150+ Solved Corporate Regulations MCQ Questions Answer
Q. If buy back is made from free resources then what should be created __________
a. Debenture Redemption Reserve
b. Capital Redemption Reserve
c. Statutory liquid Ratio.
d. None of the above
Q. The premium amount that can be charged as per companies Act.
a. 10%
b. 15%
c. 20%
d. None of these
Q. A company to issue sweat equity shares must pass a.
a. Special resolution
b. Ordinary resolution
c. Unanimous resolution
d. None of these
Q. The notice offering right shares must allow the members ________to exercise theiroption to accept, reject or renounce it
a. 10 days
b. 14 days
c. 15 days
d. 20 days
Q. The company must deliver share certificate within ___________ if the shares allotted bycompany.
a. 2 months
b. 3 months
c. 4 months
d. none of these
Q. The company must deliver share certificate within ___________ if the shares applied fortransfer.
a. 3 months
b. 2 months
c. 5 months
d. none of these
Q. Share warrants can be issued with the prior approval of the _____________
a. Company law board
b. Dept of company affairs
c. Registrar
d. None
Q. Stamp duty to be paid at the time of issue of share certificate is.
a. Nominal
b. High
c. Very high
d. None of these
Q. Stamp duty to be paid at the time of issue of share warrant.
a. Nominal
b. High
c. Very high
d. None of these
Q. ______ specifies the time limit with in which share certificate is to be delivered
a. sec 110
b. sec 111
c. sec 112
d. sec 113
Q. __________ is a document showing title
a. Share certificate
b. Share warrant
c. Both (a) & (b)
d. None of the above
Q. A share certificate is required to be signed by ___________.
a. managing director
b. shareholders
c. board of directors
d. company secretary
Q. Which of the following can issue the share warrant
a. Public
b. Private
c. Both (a) & (b)
d. None of the above
Q. _________ are attached to the share warrant
a. Dividend coupon
b. Warrant
c. Certificates
d. None of the above
Q. C.G. approval is necessary in case of issue of __________
a. Share certificate
b. Share warrant
c. Both (a) & (b)
d. None of the above