MCQs on Companies Act -13

1. List A of contributories contains …………………. members of the company.

(A) existing 
(B) past 
(C) future 
(D) ex-officio



2. List B of contributories contains ……………… members of the company. 

(A) existing 
(B) past 
(C) future 
(D) ex-officio



3. On dissolution the name of the company is struck off from the …… of the company.

(A) schedule 
(B) charter 
(C) register 
(D) none



4. The Cadbury Committee suggests that the non- executive directors can play a crucial role in

(A) meetings 
(B) management
(C) decision-making 
(D) corporate governance



5. SEBI’s code of Corporate Governance provides from the constitution of share holders committee under the chairmanship of ……………….. .

(A) board of Directors 
(B) director
(C) non executive director 
(D) manager



6. Mandatory requirements of the revised clause 49 of the listing agreement, requires that non- executive directors in the Board of Directors are not less than …………….. of the Board of Directors.

(A) 25% 
(B) 36% 
(C) 50% 
(D) 75%



7. Which of the following are known as Board Committees

(A) Audit Committee 
(B) Remuneration Committee
(C) nomination committee 
(D) all of these.



8. The company agrees that the remuneration of non- executive directors shall be decided by

(A) board of Directors 
(B) director
(C) non executive director 
(D) manager



9. ………….carries out the winding up proceedings.

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



10.The order of dissolution can be issued only by the …………

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


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