Top 150+ Solved Regulatory Framework for Companies MCQ Questions Answer
Q. List B of contributories contains ……………… members of the company.
a. existing
b. past
c. future
d. ex-officio
Q. On dissolution the name of the company is struck off from the …… of thecompany.
a. schedule
b. charter
c. register
d. none
Q. The Cadbury Committee suggests that the non- executive directors canplay a crucial role in
a. meetings
b. management
c. decision-making
d. corporate governance
Q. SEBI’s code of Corporate Governance provides from the constitution ofshare holders committee under the chairmanship of ……………….. .
a. board of directors
b. director
c. non executive director
d. manager
Q. Which of the following are known as Board Committees
a. audit committee
b. remuneration committee
c. nomination committee
d. all of these.
Q. The company agrees that the remuneration of non- executive directorsshall be decided by
a. board of directors
b. director
c. non executive director
d. manager
Q. ………….carries out the winding up proceedings.
a. liquidator
b. solicitor
c. contributory
d. tribunal
Q. The order of dissolution can be issued only by the …………
a. liquidator
b. solicitor
c. contributory
d. tribunal
Q. A company which has not commenced operation or which is not inoperation or has no assets to dive is called……….company.
a. public
b. private
c. sick
d. defunct
Q. A transfer in which the signature of the transferor is forged iscalled…………transfer.
a. blank
b. forged
c. mutual
d. none
Q. …………….transfer whereby the transferor hands over to the buyer theshare certicate and a blank transfer deed.
a. blank
b. forged
c. mutual
d. none
Q. Which of the following is not true-
a. rbi is an example of a statutory company
b. suit can be maintained in the name of a company
c. lic is an example of registered company
d. the persons who form the company are called promoters
Q. When a public company has issued prospectus without receiving theminimum subscription it is called……………
a. splitting of allotment
b. return of allotment
c. renunciation of allotment
d. irregular allotment