Question # 1

A public ltd. company is included in the list of:

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Business center

Custom authorities

Stock exchange

Chamber of commerce

Holding company is a company which has

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No shares of other company

Less than 50% shares of other company

More than 50% shares of other company

50% shares of other company

Which company can issue the shares to public:

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Chartered company

Public ltd. company

Private company

All the above

The maximum capital of the company stated in its memorendum:

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Paid up capital

Subscribed capital

Authorized capital

All are correct

The memorandum and articles of company are

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Two names of the same document

Two different documents

They are not documents

Both have the same objective

On which type of shares a company gives the profit on preferential basis:

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Ordinary shares

Preference shares

Elementary shares

On all the three

The memorandum of company is prepared by

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Registrar

The promoters

The experts

The employees

A public Ltd. company is included in the list of

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Business centre

Custom authorities

Stock exchange

Chamber of commerce

A government company can be registered as:

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Private company

Public company

No need of registration

First two are correct

The debentures holders of the company are its:

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Workers

Managers

Directors

Creditors

A company formed according to the royal charter is

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Modaraba company

Chartered company

Statutory company

Registered company

Business can started after getting certificate of incorporation:

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Public company

Statutory company

Private company

All the above

The memorandum and articles of company are:

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Two names of the same document

Two different documents

They are not documents

Both have the same objective

The profit given to shareholder on their investment by a company is called

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Debenture

Share

Dividend

Bonus

Which company requires a certificate of commencement

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Public company

Private company

Chartered company

All the above

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Principle of Commerce Icom Part 1 English Medium Chapter 6 Online Test MCQs With Answers

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