Top 350+ Solved Management information system MCQ Questions Answer
Q. The maximum remuneration paid to a manager cannot exceed _________ percent of theannual net profit.
a. 10%
b. 5%
c. 15%
d. 25%
Q. The managing directors hold the _______ shares of the company.
a. Deemed
b. Equity
c. Qualification
d. Preference
Q. Directors are _________ of the Powers conferred on then and they must exercise those powersbonafide and for the benefit of the company.
a. Trustee
b. Management
c. Representative
d. None of the above
Q. The directors may be held _______ liable on their failure to fulfill the formalities imposedupon them by the Act.
a. General law
b. Criminal
c. Civil
d. All of the above
Q. A person cannot hold directorship of more than _______ companies at a time.
a. 15
b. 50
c. 25
d. 10
Q. __________ is the executive authority of the company.
a. Partner
b. Shareholders
c. Board of Directors
d. Expert
Q. A meeting of Board of directors shall be held at least ____________
a. One month
b. Once in every 3 months and at least 4 such meetings shall be held every year.
c. Two month
d. 4 months and at least 3 such meetings must be held in every year.
Q. __________ is a group of people who are acting on behalf of the Company.
a. Managing director
b. Partnership
c. Board of directors
d. All the above
Q. A Managing Director can be appointed for a maximum period of ___________
a. 2 year
b. 10 years
c. 3 years
d. 5 years
Q. __________ can be imposed on directors for non compliance of requirements of companiesAct.
a. Penalty
b. Fine
c. Statutory penalty
d. Criminal liability
Q. When a director voluntarily remains absent from the three consecutive meetings of the Boardof Directors, and
a. he become liable to be punished with fines @ Rs. 500 for every default
b. he is disqualified for becoming a director of any company.
c. his office falls vacant
d. None of the above