Top 150+ Solved Regulatory Framework for Companies MCQ Questions Answer
Q. Doctrine of indoor management is an exception to the principle of …….
a. rule of majority
b. constructive notice
c. public notice
d. ultra vires
Q. A company can change its name by passing ……….resolution.
a. special
b. extra ordinary
c. ordinary
d. none of these
Q. The Companies (Amendment) Act 1988 provide that the companies should furnish along with the application form for shares or debentures,an………….instead of complete prospectus.
a. shelf prospectus
b. red herring prospectus
c. abridged prospectus
d. deemed prospectus
Q. ………….means a prospectus issued by any financial institution or bankfor one or more issues of the securities specified in that document.
a. shelf prospectus
b. red herring prospectus
c. abridged prospectus
d. deemed prospectus
Q. ……….. gives only a general idea about securities.
a. shelf prospectus
b. red herring prospectus
c. abridged prospectus
d. deemed prospectus
Q. The main advantage of …………. is that company can save underwritingexpenses.
a. shelf prospectus
b. red herring prospectus
c. abridged prospectus
d. deemed prospectus
Q. Prospectus by implication is also known as….
a. shelf prospectus
b. red herring prospectus
c. abridged prospectus
d. deemed prospectus
Q. Not less than ……. Days notice for a general meeting of a company mustbe given.
a. 10
b. 15
c. 21
d. 30
Q. The minimum number of members that must be present at a validmeeting is called………
a. simple majority
b. quorum
c. proxy
d. none of these
Q. A special resolution must be filed with the registrar for registration within…….days.
a. 10
b. 15
c. 21
d. 30
Q. To make the liability of directors unlimited a………..resolution is required.
a. ordinary
b. special
c. both
d. none
Q. For declaration of dividend no ……...resolution is required.
a. ordinary
b. special
c. both
d. none
Q. The demand for a poll may be withdrawn before ……….of the poll is declared.
a. commencement
b. closing
c. result
d. none