Previous Year Solved Question Papers

Previous Year Solved Question Papers

MCQs on Trade Union Act 1926

MCQs on Trade Union Act 1926 (2)

1. Which of the following is not a characteristic of Trade Union?

(A) Is an association of employers or the employees or of the independent workers?
(B) Is relatively a permanent combination but not temporary or casual.
(C) Is an association of workers who are engaged in not securing economic benefits for their members?
(D) Is influenced by a member of ideologies.




2. Which of the following cannot be said to be a trade union in true sense?

(A) Craft Union
(B) Industrial Union
(C) Company Union
(D) Federation




3. Which Labour Legislation has been enacted on the basis of Right to Association as given under the Fundamental Rights of the Indian Constitution?

(A) Minimum Wages Act
(B) Payment of Wages Act
(C) Trade Unions Act
(D) Industrial Disputes Act



4. Which of the following statements is correct?

(A) There is a statutory provision for recognition of Trade Unions in India at the Central level.
(B) There is no statutory provision for recognition of Trade Unions in India at the Central level.
(C) Code of discipline provides both for Registration and Recognition.
(D) There is provision for recognition under the Inter-Union Code of Conduct.




5. Which one is not a right of a recognized union?

(A) A right of ‘Check-off’
(B) To use notice board on the premises of the undertaking
(C) To appear on behalf of the union on domestic inquiry
(D) inspecting the undertaking




6. The following persons are considered as insider of a registered trade union.

(A) Honorary member from the other organization.
(B) Honorary member from other profession.
(C) Politician who guides the registered trade union.
(D) Retired and retrenched members of the trade union.




7. Recognition of trade union is made by the provision of

(A) Trade Unions Act of 1926
(B) Industrial Dispute Act 1947
(C) Code of Discipline
(D) Factories Act of 1948


8. Which is not a structure of Trade Union of Industrial Organisation?

(A) Craft union
(B) General union
(C) Industrial union
(D) Consumers’ union


9. A Trade Union should be registered as per the law must have

(A) 20% of the workers
(B) 150 workmen
(C) Minimum 17 persons
(D) None of the above




10. Identify the correct definition of industrial relations:

(A) Relations between or among human beings
(B) Relations between employer and employees as individuals
(C) Relations between parties in an employment context
(D) Collective relationship between management and trade unions


MCQs on Companies Act -21

1) A company can be wound up.

(A) Voluntarily by members.
(B) By the order of the Tribunal.
(C) By Voluntary winding up by creditors.
(D) By all the above methods.



2) Compulsory winding up means winding up.

(A) By the Tribunal. 
(B) By the members.
(C) By the Creditors. 
(D) All of them.



3) A company may be wound up by the Tribunal if.

(A) The company passes an ordinary resolution to this effect.
(B) The company does not commence its business within 6 months of its incorporation.
(C) Number of members reduced below 7 in the case of a private company.
(D) Company is unable to pay its debts.



4) As per Sec 439, who can file a petition to the tribunal for winding up?

(A) The registrar. 
(B) Company.
(C) Contributory. 
(D) Any one of these.



5) As per Sec.444 when the Tribunal makes an order for the winding up it should be communicated within two weeks to.

(A) Official liquidator. 
(B) Company.
(C) Central Government. 
(D) National Company Law Board.



6) Official liquidators are appointed from a panel of.

(A) Professional firms of chartered accountants.
(B) Advocates.
(C) Company Secretaries.
(D) All.



7) Tribunal may appoint the official liquidator to be the liquidator provisionally at any time.

(A) After the presentation of petition for winding up.
(B) After making the winding up order.
(C) After dissolution.
(D) Before the statutory meeting.



8) The official liquidator after receipt of statement of affairs of the company must submit a preliminary report to the Tribunal not later than ……………. of the order.

(A) 6 month. 
(B) one year. 
(C) two weeks. 
(D) one month.



9) On a winding up order being made, the company’s property comes under the custody of.

(A) Liquidator. 
(B) Tribunal.
(C) Central Government. 
(D) Share holders.



10) As per Sec.457, the statutory powers of the liquidator can be exercised.

(A) With the sanction of Tribunal.
(B) Without the sanction of the Tribunal.
(C) Some with and some without such sanction.
(D) With the sanction of the Central Government.





MCQs on Companies Act -22

1……….. gives only a general idea about securities.

(A) shelf prospectus 
(B) red herring prospectus
(C) abridged prospectus 
(D) deemed prospectus



2. The main advantage of …………. is that company can save underwriting expenses.

(A) shelf prospectus 
(B) red herring prospectus
(C) abridged prospectus 
(D) deemed prospectus



3.Prospectus by implication is also known as …......

(A) shelf prospectus 
(B) red herring prospectus
(C) abridged prospectus 
(D) deemed prospectus



4. Not less than ……. Days notice for a general meeting of a company must be given.

(A) 10 
(B) 15 
(C) 21 
(D) 30



5. The minimum number of members that must be present at a valid meeting is called………

(A) simple majority 
(B) quorum 
(C) proxy 
(D) none of these



6. A proxy can vote in case of ……….

(A) poll 
(B) meeting 
(C) both 
(D) none



7. A special resolution is one to pass with the votes cast in favour must be ………..times the votes cast against it.

(A) 
(B) 
(C) 
(D) 6



8. A special resolution must be filed with the registrar for registration within …….days.

(A) 10 
(B) 15 
(C) 21 
(D) 30



9.To make the liability of directors unlimited a………..resolution is required.

(A) ordinary 
(B) special 
(C) both 
(D) none



10. For declaration of dividend no ……...resolution is required.

(A) ordinary 
(B) special 
(C) both 
(D) none




MCQs on Companies Act -15

1) The interval between two annual general meetings should not be more than.

(A) 12 months. 
(B) 15 months.
(C) 18 months. 
(D) 20 months.



2) Statutory meeting need to be held by.

(A) A public company limited by guarantee and having a share capital.
(B) A public company having liability of its members unlimited.
(C) A Government company.
(D) A public company not having share capital.



3) A meeting of the Board of Directors must be held at least once in.

(A) Each month. 
(B) Every two months.
(C) Every three months. 
(D) Every four months.



4) When can an annual General Meeting be called giving shorter notice than that specified?

(A) If consent is accorded to by all the members entitled to vote.
(B) if consent is accorded to by 30% of the members entitled to vote.
(C) If Board of Directors takes a majority decision in this regard.
(D) If the company Secretary so wishes.



5) For general meeting of any kind (statutory, Annual or Extraordinary) at least ………….. Notice must be given to members.

(A) 21 days. 
(B) 22 days. 
(C) 23 days. 
(D) 25 days.



6) Quorum for general meeting for private and public companies.

(A) 2 and 5. 
(B) 3 and 6. 
(C) 5 and 7. 
(D) None of these.



7) Quorum for a Board meeting is.

(A) 1/3 of total number of directors or 2 directors, whichever is higher.
(B) ½ of total number of directors or 3 directors whichever is higher.
(C) ½ of total number of director or 3 directors whichever is lower.
(D) None of the above.



8) The minutes book can be inspected by the.

(A) Shareholders free of charge. 
(B) Debenture holders on payment.
(C) Any one on payment. 
(D) None of the above.



9) Minutes of company meeting should be prepared within.

(A) 21 days of the meeting. 
(B) 30 days of the meeting.
(C) 40 days of the meeting. 
(D) 45 days of the meeting.



10) A special resolution is passed by.

(A) Simple majority. 
(B) 2/3 majority.
(C) 3/4 majority. 
(D) None of these.





MCQs on Companies Act -20

1. A person liable to contribute towards the assets of the company on the event of its being wound up is a …………

(A) liquidator 
(B) solicitor 
(C) contributory 
(D) tribunal



2. On a winding up order being made in respect of a company, the official Liquidator shall, become the ………….. of the company.

(A) liquidator 
(B) solicitor 
(C) contributory 
(D) tribunal



3. When a winding up order has been made by the tribunal but there is no liquidator, the property of the company vests in the ……………….. .

(A) liquidator 
(B) solicitor 
(C) contributory 
(D) tribunal



4. After obtaining of certificate to commence business a company may be wound up if it does not commence business within ………………….. .

(A) one month 
(B) three months 
(C) six months 
(D) one year



5. A company may be wound up by the Tribunal by passing ………… Resolution.

(A) special 
(B) extra ordinary 
(C) ordinary 
(D) none of these



6. A company has to submit a statement of affairs to the Official Liquidator within …… days of the appointment of the official liquidator.

(A) 10 
(B) 14 
(C) 21 
(D) 30



7. In a members voluntary winding up the notice of the resolution for winding up shall be filed with the registrar within ………….. days of passing of the resolution.

(A) 10 
(B) 14 
(C) 21 
(D) 30



8. A public company may be wound up by the Tribunal if the number of its members is reduced below …………

(A) 
(B) 14 
(C) 21 
(D) 28



9. An official liquidator is appointed by the …………..

(A) manager 
(B) a court of competent jurisdiction
(C) board of directors 
(D) central govt.



10. A voluntary winding up is deemed to commence from the date when the declaration of solvency is made by the …………………. . .

(A) manager 
(B) a court of competent jurisdiction
(C) board of directors 
(D) central govt.