MBA/MBA Business Law Mcq Set 8 Sample Test,Sample questions

Question:
A company is the creation of ______

1.Common seal

2.Law

3.Share capital

4.Members

Posted Date:-2021-11-12 15:01:27


Question:
A elected director can be terminated by the

1.Company

2.High Court

3.State Government

4.Central Government

Posted Date:-2021-11-12 15:22:52


Question:
A foreigner can become a member of a company registered in India but permission of

1.SEBI

2.High Court

3.RBI

4.Supreme court

Posted Date:-2021-11-12 15:22:25


Question:
A managing Director can be appointed for a maximum period of ______

1.2 years

2.10 years

3.3 years

4.5 years

Posted Date:-2021-11-12 15:10:58


Question:
A past member can also be placed on the list of contributories of he has ceased to be a member within _____

1.3 years before the commencement of the winding up

2.2 years before the commencement of the winding up

3.18 months before the commencement of the winding up

4.12 months before the commencement of the winding up

Posted Date:-2021-11-12 14:57:32


Question:
A person who completed 15th year and below 18 year

1.Audit

2.Adolescent

3.Minor

4.Young person

Posted Date:-2021-11-12 14:57:59


Question:
A Public company May issue a prospectus called _____

1.Red herring Prospectus

2.Shelf prospectus

3.A bridged prospectus

4.Deemed prospectus

Posted Date:-2021-11-12 15:04:56


Question:
A Statutory company is one which incorporated by

1.An Act of Parliament

2.By an Act of state legislature

3.Under the companies Act,1956

4.By either a or b.

Posted Date:-2021-11-12 15:21:36


Question:
A unique feature of trade mark is its ________

1.Corporality

2.Perpetual life

3.Degeneration

4.Industrialism

Posted Date:-2021-11-12 14:59:43


Question:
A ________ is a document but invites the public to subscribe for share and debentures

1.Memorandum

2.Articles

3.Prospectus

4.Certificate

Posted Date:-2021-11-12 15:19:43


Question:
Articles of Association are not required to be registered in case of ______

1.An unlimited Company

2.A company limited by guarantee

3.A public company limited by shares.

4.A private company limited by shares.

Posted Date:-2021-11-12 15:07:32


Question:
Corporal property is ______

1.Equable

2.Visible

3.Tangible

4.Flexible

Posted Date:-2021-11-12 14:58:22


Question:
Corporal refer to _______

1.Possession

2.Ownership

3.Building

4.Computer

Posted Date:-2021-11-12 15:14:15


Question:
East India Company is an example of ______________ company

1.Chartered

2.Statutory

3.Registered

4.Foreign.

Posted Date:-2021-11-12 14:59:18


Question:
For meeting may be adjourned by ______________ circumstances

1.Quorum is not present

2.Lack of information

3.Balance sheet is not present

4.None of the above

Posted Date:-2021-11-12 15:15:22


Question:
If a public company limited by shares does not register its own articles _____ apply

1.Table C

2.Table B

3.Table A

4.Table D

Posted Date:-2021-11-12 15:20:44


Question:
If the Articles of a company conflict with the memorandum.

1.The articles shall prevail

2.The memorandum shall prevail

3.The directors will resolve the conflict

4.The court will resolve the conflict.

Posted Date:-2021-11-12 15:03:14


Question:
In members voluntary winding up control of winding up in the hands of the ______

1.Creditors

2.Members

3.Company

4.Directors

Posted Date:-2021-11-12 15:13:47


Question:
Minimum _______ persons to constitute a public limited company.

1.7

2.10

3.2

4.5

Posted Date:-2021-11-12 15:01:55


Question:
Notice of the registered office of the company shall be given to the registration of companies within _____

1.45 days

2.30 days

3.15 days

4.60 days

Posted Date:-2021-11-12 15:16:07


Question:
RBI is an example of ______________ company

1.Charted

2.Statutory

3.Licenced

4.Registered

Posted Date:-2021-11-12 15:17:58


Question:
Sec.25 related to _______ companies

1.Holding

2.Licensed

3.Subsidiary

4.Existing

Posted Date:-2021-11-12 15:04:03


Question:
Section 10 provides for the appointment of ______

1.Inspector

2.Adult

3.Certifying surgeon

4.Adolescent

Posted Date:-2021-11-12 15:24:26


Question:
Shares can be freely transferable in ______

1.Public company

2.Private company

3.Registered company

4.Government company

Posted Date:-2021-11-12 15:02:48


Question:
Statutory companies are those incorporated under a special act passed by ______

1.Companies Act

2.Parliament

3.Special resolution

4.Law

Posted Date:-2021-11-12 15:02:22


Question:
The annual return should be filed by a company with the Registrar within the date of the annual general meeting of the company.

1.40

2.60

3.30

4.50

Posted Date:-2021-11-12 15:06:37


Question:
The board shall meet at least four time a year, with a maximum times gap of ______ between any two meetings

1.6 months

2.3 months

3.2 months

4.4 months

Posted Date:-2021-11-12 14:58:52


Question:
The company is dissolved when the tribunal passes in order of dissolution and the Tribunal shelf pass such order _____

1.When the affairs of the company have been completely wound up

2.Immediately after the winding up order

3.At the instance of Central government

4.At the distance of company law Board.

Posted Date:-2021-11-12 15:13:13


Question:
The exception to the doctrine of constructive notice is provided in ______

1.Lifting the corporate veil

2.Doctrine of indoor management

3.Doctrine of ultra virus

4.None of these

Posted Date:-2021-11-12 15:00:59


Question:
The history of the Indian Company Law began in the year of

1.1850

2.1850

3.1913

4.1956

Posted Date:-2021-11-12 15:05:47


Question:
The maximum remuneration paid to a manager cannot exceed _______ percent of the annual net profit

1.10%

2.5%

3.15%

4.25%

Posted Date:-2021-11-12 15:08:14


Question:
The most clause in the memorandum of Association of a company is _____

1.Name clause

2.Objects clause

3.Registered Office Clause.

4.Liability clause

Posted Date:-2021-11-12 15:00:06


Question:
The person of group who being a company into existence are called ______

1.A firm

2.Incorporation

3.Promoters

4.promotion

Posted Date:-2021-11-12 15:20:14


Question:
The power to order rectification of register of members vests in the _____

1.Court

2.Tribunal

3.Central Government

4.Board of directors

Posted Date:-2021-11-12 15:21:09


Question:
The statement in lieu of prospectus must be filed with the Registrar at least ______________ days before any allotment of shares is made.

1.15

2.30

3.6

4.3

Posted Date:-2021-11-12 15:00:33


Question:
The time gap between two Annual Meeting should not exceed _____

1.6 months

2.12 months

3.8 months

4.15 months.

Posted Date:-2021-11-12 15:14:55


Question:
The winding up of the company can only be done by the process of ______

1.Dissolution of partnership

2.General meeting

3.Law

4.Management

Posted Date:-2021-11-12 15:19:14


Question:
Voting in a company meeting can be through

1.Ballot

2.Raising hands

3.Raising votes

4.All of these.

Posted Date:-2021-11-12 15:18:44


Question:
When one company controls the management of another company, the format is called a ________ company

1.Existing

2.Holding

3.Subsidiary

4.Licensed

Posted Date:-2021-11-12 15:04:29


Question:
Which Doctrine seeks to promote the company from the outsiders?

1.The doctrine of indoor management

2.The doctrine of Ultra virus

3.The doctrine of constructive notice

4.None of these.

Posted Date:-2021-11-12 15:03:38


Question:
_____ is a person who holds the shares for the benefit persons

1.Trustee

2.Member

3.Shareholder

4.Company

Posted Date:-2021-11-12 15:05:23


Question:
______ is a decision on the proposal

1.Quorum

2.Proxy

3.Motion

4.Resolution

Posted Date:-2021-11-12 15:24:01


Question:
______ is a manufacturing process

1.Railway running shed

2.Existing films

3.Making of Bidi

4.Mere-storage of salable articles in refrigerator.

Posted Date:-2021-11-12 15:23:17


Question:
_______ is compulsory for unlimited companies, private companies limited by guarantee.

1.Memorandum of association

2.Articles of Association

3.Prospectus

4.Statement in lieu

Posted Date:-2021-11-12 15:06:11


Question:
_______ lays down the modes in which the objects of the company are to be carried out by the members.

1.Statement in lieu

2.Prospectus

3.Memorandum of Association

4.Articles of association

Posted Date:-2021-11-12 15:07:07


Question:
________ is a kind of industrial property which can be purchased

1.Trade mark

2.Collective mark

3.Patent

4.ISI mark

Posted Date:-2021-11-12 15:15:44


Question:
________ is the executive authority of the company

1.Partners

2.Shareholders

3.Board of Directors

4.Expert

Posted Date:-2021-11-12 15:08:43


Question:
________ is the resolution which is passed at validly called general meeting, by simple majority of the members.

1.Special resolution

2.Resolution by postal ballot

3.Ordinary resolution

4.Resolution requiring special notice.

Posted Date:-2021-11-12 15:11:49


Question:
_________ can be passed by the support of three fourth majority a share holders who are present and entitle to vote at a meeting.

1.Special resolution

2.Ordinary resolution

3.Both A and B

4.None of these.

Posted Date:-2021-11-12 15:21:59


Question:
___________ is the official records of the meeting of the company

1.Quorum

2.Register

3.Report

4.Minute

Posted Date:-2021-11-12 15:11:23


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