Top 150+ Solved Regulatory Framework for Companies MCQ Questions Answer
Q. The minutes of the share holder’s meeting are to be kept at the……….office of the company and must be open to inspection.
a. registered
b. divisional
c. head
d. none
Q. The meeting other than statutory and the annual general meeting of thecompany is…………
a. extra ordinary meeting
b. special meeting
c. board
d. none of these
Q. The statutory meeting is required to be held by ………..companies
a. private
b. public
c. both
d. none
Q. ……….is the proper authority to call annual general meeting.
a. promoters
b. manager
c. board of directors
d. secretary
Q. Which of the following is the feature of a registered company
a. separate property
b. perpetual succession
c. common seal
d. all of these
Q. ………. defines the extent of powers of powers of the company.
a. articles of association
b. memorandum of association
c. prospectus
d. information memorandum
Q. The procedure to write facts about a resolution and its decision iscalled……………
a. explanatory statement
b. statutory report
c. minutes of narration
d. none
Q. Which of the following is not true-
a. a meeting of the board of directors must be held at least once in every 3 months.
b. nobody corporate, association or firm can be appointed director of a company.
c. the nominal value of qualification shares should not exceed rs.5000.
d. directors are always liable for any misstatement in a prospectus.
Q. The first directors are usually named in the …………
a. articles
b. memorandum
c. prospectus
d. none
Q. ……………..may appoint additional directors from time to time if soauthorized by articles.
a. manager
b. secretary
c. promoters
d. board of directors
Q. ……………..is entitled to the management of the whole or substantially thewhole of the affairs of the company.
a. manager
b. secretary
c. promoters
d. board of directors