Top 350+ Solved Management information system MCQ Questions Answer
Q. Public company means a company which has a minimum paid up capital of Rs. __________
a. 2,00,000
b. 3,00,000
c. 5,00,000
d. 1,00,000
Q. Shares can be freely transferable in ________
a. Public Company
b. Private Company
c. Registered company
d. Government company
Q. The common seal of the company is the _____________
a. Official signature of the company
b. Rights of the company
c. General view of the company
d. Name of the above
Q. During which of the following circumstances can the veil be lifted by the court?
a. Where the Co acts as an agent
b. Where a fraud is noticed
c. When the company tries to avoid certain legal obligations.
d. All of the above.
Q. The memorandum of Association is a __________of the company.
a. Certificate
b. Schedule
c. Document
d. None of the above
Q. If the Articles of a company conflict with the memorandum.
a. The articles shall prevail
b. The memorandum shall prevail
c. The directors will resolve the conflict
d. The court will resolve the conflict
Q. The Board of Directors delegate the power to ____
a. Issue debentures
b. Issue of shares
c. Invest the fund
d. Make loans
Q. _________ are subordinate to and controlled by the memorandum.
a. Articles of Association
b. Prospectus
c. Statement in law
d. All the above
Q. A copy of special resolution has to be filed with the Registrar within ___ days.
a. 90 day
b. 30 days
c. 60 days
d. 120 days
Q. A printed copy of the articles as altered shall be filed by the company with the Registrarwithin __________of order of approval from cential.
a. 3 month
b. 6 months
c. one month
d. 2 months
Q. Sec __________ of the companies Act defines foreign company
a. 4 (4)
b. 3 (1) (i)
c. 3 (1) (ii)
d. 591
Q. Holding company is defined in Section ______ of the companies Act.
a. 4(4)
b. 2 (2)
c. 3 (4)
d. 3(1)
Q. _________ is the first stage in the formation of a company.
a. Promotion
b. Raising of Capital
c. Incorporation
d. Commencement of business
Q. The idea of carrying on a business is conceived by a person or by a group of persons called__________
a. Exploit
b. Promoters
c. Directors
d. None of these