Previous Year Solved Question Papers

Previous Year Solved Question Papers

MCQs on Companies Act -1

1. The term company is defined under which sec of the Act? 

(a) Section 2 (4)
(b) Section 4 (2) 
(c) Section 3 (1) 
(d) Section 1 (3)



2. Property of the company belongs to 

(a) Company 
(b) Share holders 
(c) Members 
(d) Promoters


3. Which company shares can be freely transferable 

(a) Private Company 
(b) Public Company 
(c) Both (a) & (b) 
(d) None of the above



4. Minimum number of members in case of public company 

(a)
(b)
(c)
(d) 7



5. Minimum number of members in case of private company is 

(a)
(b)
(c)
(d) 5


6. Maximum no. of members in case of private company is 

(a) 50 
(b) 100 
(c) 150 
(d) 200



7. Maximum no .of members in case of public company is 

(a)
(b) unlimited 
(c) 50 
(d) 100



8. How many months did the company can continue its business u/s 45 _______ 

(a)
(b)
(c)
(d) 6



9. Minimum subscription should be received with in ______days 

(a) 130 
(b) 125 
(c) 120 
(d) 135 



10. If minimum subscription is not received application money should be refunded with in ______days 

(a) 20 
(b) 25 
(c) 30 
(d) 10


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