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This online test contains MCQs about following topics:
Kinds of company . Difference between public & private company . Formation of a company . Important doucments of company . Difference between memorandum & articles of company . Sources of company's capital . Kinds of company's capital
ICOM Part 1 Commerce Ch. 6 Test
ICOM Part 1 English Medium Subjects
ICOM Part 1 Urdu Medium Subjects
MCQ's Test For Chapter 6 "Principle of Commerce Icom Part 1 English Medium Chapter 6 Online Test"
Try The MCQ's Test For Chapter 6 "Principle of Commerce Icom Part 1 English Medium Chapter 6 Online Test"
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Total Questions15
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Time Allowed20
Principle of Commerce Icom Part 1 English Medium Chapter 6 Online Test
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Question # 1
Business can started after getting certificate of incorporation:
Question # 2
What does a company issue to get loan from the public
Question # 3
A government company can be registered as:
Question # 4
The powers of directors and promoters are discussed in:
Question # 5
The memorandum and articles of company are:
Question # 6
What does a company get from the prospectus:
Question # 7
The most important document of a company is:
Question # 8
What does a company issue to get loan from the public:
Question # 9
What has to be bought in order to become shareholders of a company
Question # 10
A company in which at least 51% shares are held by the govt. is called:
Question # 11
A public ltd. company is included in the list of:
Question # 12
A company can sell its shares on the allowing prices:
Question # 13
Holding company is a company which has
Question # 14
A word "private" is not used by:
Question # 15
A public Ltd. company is included in the list of
11th Principles of Commerce Chapter 6 Test
Here you can prepare 11th Principles of Commerce English Medium Chapter 6 Joint Stock Company (II) Test. Click the button for 100% free full practice test.
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| Sr.# | Question | Answer |
|---|---|---|
| 1 | A public ltd. company is included in the list of: |
A.
Business center
B. Custom authorities
C. Stock exchange
D. Chamber of commerce
|
| 2 | A public Ltd. company is included in the list of |
A. Business centre
B. Custom authorities
C. Stock exchange
D. Chamber of commerce
|
| 3 | A company can sell its shares on the allowing prices: |
A. At par
B. At discount
C. At premium
D. All the above
|
| 4 | Which company requires a certificate of commencement |
A. Public company
B. Private company
C. Chartered company
D. All the above
|
| 5 | What has to be bought in order to become shareholders of a company |
A. Shares
B. Debentures
C. Dividend
D. None of these
|
| 6 | The memorandum of company is prepared by: |
A. Specialist
B. Promoters
C. Experts
D. All the above
|
| 7 | Holding company is a company which has |
A. No shares of other company
B. Less than 50% shares of other company
C. More than 50% shares of other company
D. 50% shares of other company
|
| 8 | In case of cumulative preference shares, the profit if not paid for one year is: |
A. Expired
B. Not Expired
C. Included in company's capital
D. None of the above
|
| 9 | The debentures holders of the company are its: |
A. Workers
B. Managers
C. Directors
D. Creditors
|
| 10 | The memorandum and articles of company are |
A. Two names of the same document
B. Two different documents
C. They are not documents
D. Both have the same objective
|
| 11 | Which company can issue the shares to public: |
A. Chartered company
B. Public ltd. company
C. Private company
D. All the above
|
| 12 | The most important document of a company is: |
A. The memorandum
B. The articles
C. The prospectus
D. The accounts of company
|
| 13 | In case of cumulative preference shares, the profit if not paid for one year is |
A. Expired
B. Not expired
C. Included in company's capital
D. None of the above
|
| 14 | The memorandum of company is prepared by |
A. Registrar
B. The promoters
C. The experts
D. The employees
|
| 15 | The powers of directors and promoters are discussed in: |
A. MOA
B. AOA
C. Prospectus
D. All of these
|
Test Questions
