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) 2 
(B) 3 
(C) 4 
(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