Top 150+ Solved Industrial and Company Law MCQ Questions Answer
Q. Bonds which are sold at a discount from its eventual maturity value and have zero interest rate.
a. Zero coupon bonds
b. Zero Capital
c. Secured coupon Bonds
d. None
Q. For which type of capital a company pays the prescribed fees at the time of registration?
a. Subscribed capital
b. Authorized capital
c. Paid up capital
d. Issued capital
Q. Maximum no. of members in case of private company as per Companies Act is
a. 50
b. 100
c. 150
d. 200
Q. Section 12 of the Companies Act 1956, deals with
a. Incorporation
b. Share Capital
c. Number of Dorectors
d. Shareholders
Q. The application for registration of a company should be presented to the _______ of the state appointed under Companies Act 1956
a. Controller
b. Registrar
c. Governor
d. Registration Officer
Q. A statement of nominal capital must be given at the time of incorporation by the company when the share capital is less than
a. 50 lakh
b. 1 crore
c. 25 lakh
d. 10 lakh
Q. The Articles of Association must be signed by
a. All proposed directors
b. Registrar
c. Subscribers of Memorandum
d. (d) Non of the above
Q. Which of the following clause of Memorandum of Association cannot be altered
a. Name
b. Liability
c. Situation
d. Object
Q. An Indian private limited company which has only one founder/promoter is termed as________
a. Dormant company
b. One Person Company
c. Single Person Company
d. Limited Company
Q. A company formed and registered under the Act of 2013 for a future project or to hold an asset or an intellectual property is called__________
a. Dormant Company
b. (b)Nidhis Company
c. (c) Foreign Company
d. (d) Unlimited Company
Q. The Certificate issued by the Registrar after a company is registered is called_________
a. Registration Certificate
b. Certificate of Incorporation
c. Certificate of commencement of business
d. None of the above
Q. A document which contains the fundamental rules regarding the constitution and activities of a company is called
a. Memorandum of Association
b. Articles of Association
c. Certificate of Incorporation
d. Prospectus
Q. A document which is submitted by an issuer company who intends to have public offerings of securities is called
a. Abridged Prospectus
b. Red Herring Prospectus
c. Shelf Prospectus
d. Deemed Prospectus