Categories: Education

Q.1. The term whole time director is defined in sec _____ of the Companies Act 1956

  1. 2(25)
  2. 2(24)
  3. 3(25)
  4. 3(24)

 

Answer: (B) 2(24)

 

Q.2. _____ is the minimum number that should be present at the meeting as per the articles of the company before any business can be validly transacted.

  1. Minutes
  2. Quorum
  3. Register
  4. Proxies

 

Answer: (B) Quorum

 

Q.3. Decisions of a company are made by _____ of its members passed at meeting of members

  1. Notice
  2. Resolution
  3. Quorum
  4. Circular

 

Answer: (B) Resolution

 

Q.4. Winding up by special resolution passed by the company

  1. Compulsory winding up
  2. Winding up
  3. Voluntary winding up
  4. All of the above

 

Answer: (C) Voluntary winding up

 

Q.5. ____ is the first state in which assists realized liabilities are paid off and surplus is distributed

  1. Dissolution
  2. Winding up
  3. Acquisitions
  4. All of the above

 

Answer: (B) inding up

 

Q.6. Factories Act came in to existence in ______

  1. 1948
  2. 1881
  3. 1781
  4. 1757

 

Answer: (A) 1948

 

Q.7. A _____ is a visual symbol attached to goods

 

  1. Patent
  2. A trade mark
  3. Corporal goods
  4. Sealed goods

 

Answer: (B) A trade mark

 

Q.8. Mention one right that the proxy enjoys during a meeting?

  1. Right to attend the meeting
  2. Right to poll
  3. Right to vote
  4. None of these

 

Answer: (C) Right to vote

 

Q.9. The company agrees that the remuneration of non - executive directors shall be decided by ______

  1. Company
  2. Share holders
  3. Board of Directors
  4. Central Government

 

Answer: (C) Board of Directors

 

Q.10. The alteration of the memorandum has to be certified by the Registrar within

  1. 30 days
  2. 15 days
  3. 45 days
  4. 60 days

Answer: (A) 30 days

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