Categories: Education
Q.1. The term whole time director is defined in sec _____ of the Companies Act 1956
- 2(25)
- 2(24)
- 3(25)
- 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.
- Minutes
- Quorum
- Register
- Proxies
Answer: (B) Quorum
Q.3. Decisions of a company are made by _____ of its members passed at meeting of members
- Notice
- Resolution
- Quorum
- Circular
Answer: (B) Resolution
Q.4. Winding up by special resolution passed by the company
- Compulsory winding up
- Winding up
- Voluntary winding up
- 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
- Dissolution
- Winding up
- Acquisitions
- All of the above
Answer: (B) inding up
Q.6. Factories Act came in to existence in ______
- 1948
- 1881
- 1781
- 1757
Answer: (A) 1948
Q.7. A _____ is a visual symbol attached to goods
- Patent
- A trade mark
- Corporal goods
- Sealed goods
Answer: (B) A trade mark
Q.8. Mention one right that the proxy enjoys during a meeting?
- Right to attend the meeting
- Right to poll
- Right to vote
- None of these
Answer: (C) Right to vote
Q.9. The company agrees that the remuneration of non - executive directors shall be decided by ______
- Company
- Share holders
- Board of Directors
- Central Government
Answer: (C) Board of Directors
Q.10. The alteration of the memorandum has to be certified by the Registrar within
- 30 days
- 15 days
- 45 days
- 60 days
Answer: (A) 30 days