11th class Principles of Commerce chapter 6 online mcq test with answers for I.Com part 1 Principles of Commerce chapter 6(Joint Stock Company (II)

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

Sr. #	Questions	Answers Choice
1	Holding company is a company which has:	No shares of other company Less than 50% shares of other company More than 50% shares of other company 50% shares of other company
2	Which company requires a certificate of commencement:	Public Company Private Company Chartered Company All the above
3	What does a company issue to get loan from the public:	Shares Debentures Dividend All of these
4	On which type of shares a company gives the profit on preferential basis:	Ordinary shares Preference shares Elementary shares On all the three
5	What has to be bought in order to become shareholder of a company:	Shares Debentures Dividend None of these
6	The memorandum and articles of company are:	Two names of the same document Two different documents They are not documents Both have the same objective
7	A company formed by the royal order is:	Modarba company Chartered company Statutory company Registered company
8	Which company can issue the shares to public:	Chartered company Public ltd. company Private company All the above
9	The memorandum of company is prepared by:	Specialist Promoters Experts All the above
10	In case of cumulative preference shares, the profit if not paid for one year is:	Expired Not Expired Included in company's capital None of the above
11	A public ltd. company is included in the list of:	<div>Business center</div> Custom authorities Stock exchange Chamber of commerce
12	What does a company get from the prospectus	Capital Fame Registration All the three
13	The profit given to shareholder on their investment by a company is called	Debenture Share Dividend Bonus
14	The most important document of a company is	The memorandum The articles The prospectus The accounts of company
15	Modarba company is formed under	Modarba companies ordinance 1980 Modarba companies ordinance 1984 Modarba companies ordinance 1960 Modarba companies ordinance 1970

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