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.

First Year Principles of Commerce Chapter 6 Online MCQ Test for 1st Year Principles of Commerce Chapter 6 (Joint Stock Company (II))

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
ic

First Year Principles of Commerce Chapter 6 Online MCQ Test for 1st Year Principles of Commerce Chapter 6 (Joint Stock Company (II))

Sr. # Questions Answers Choice
1 The profit given to shareholder on their investment by a company is called:
  • A. Debenture
  • B. Share
  • C. Dividend
  • D. Bonus
2 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
3 A government company can be registered as:
  • A. Private company
  • B. Public company
  • C. No need of registration
  • D. First two are correct
4 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
5 The maximum capital of the company stated in its memorendum:
  • A. Paid up capital
  • B. Subscribed capital
  • C. Authorized capital
  • D. All are correct
6 A company established by the order of parliament of president is called:
  • A. Government company
  • B. Chartered company
  • C. Statutory company
  • D. None of these
7 The person who invests in a Modaraba company is called:
  • A. Modarib
  • B. Capitalist
  • C. Rab-ul-mal
  • D. All are correct
8 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
9 On which type of shares a company gives the profit on preferential basis:
  • A. Ordinary shares
  • B. Preference shares
  • C. Elementary shares
  • D. On all the three
10 The memorandum of company is prepared by:
  • A. Specialist
  • B. Promoters
  • C. Experts
  • D. All the above

Top Scorers of Principle of Commerce Icom Part 1 English Medium Chapter 6 Online Test

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15/15
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14/15
59 Sec
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9/15
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Chapterwise Lists

Chapter Name Questions PDF File
Principle of Commerce Icom Part 1 English Medium Chapter 1 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 2 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 3 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 4 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 5 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 6 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 7 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 8 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 9 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 10 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 11 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 12 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 13 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 14 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 15 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 16 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 17 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 18 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 19 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 20 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 21 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 22 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 23 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 24 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 25 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 26 Online Test 15 Questions

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