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
(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
(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) 1
(b) 2
(c) 5
(d) 7
(a) 1
(b) 2
(c) 5
(d) 7
5. Minimum number of members in case of private company is
(a) 1
(b) 2
(c) 3
(d) 5
(a) 1
(b) 2
(c) 3
(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) 1
(b) unlimited
(c) 50
(d) 100
(a) 1
(b) unlimited
(c) 50
(d) 100
8. How many months did the company can continue its business u/s 45 _______
(a) 1
(b) 2
(c) 5
(d) 6
(a) 1
(b) 2
(c) 5
(d) 6
9. Minimum subscription should be received with in ______days
(a) 130
(b) 125
(c) 120
(d) 135
(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
(a) 20
(b) 25
(c) 30
(d) 10
9 Comments
In Q.6, answer will be 200.
ReplyDeleteyes
DeleteQ3. Is wrong ans shld be option b
ReplyDeletemost of the questions are wrong answered...if u dont know thn why are u wasting our time..
ReplyDelete3. Which company shares can be freely transferable
ReplyDelete(a) Private Company
(b) Public Company
(c) Both (a) & (b)
(d) None of the above
Answer should be (b)
no...iF OPTION CONTAINS lISTED CO THAN IT WILL CORRECT...BUT IN GIVEN OPTIONS PVT LTD IS CORRECT
Deleteyes the ans is b
Deletenot uptodate
ReplyDeleteQ 3 .private company can not issue shares for subscription
ReplyDeleteOnly sweat equity shares can be issued by private company after passing special resolution
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