Question # 1

The memorandum of company is prepared by:

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Specialist

Promoters

Experts

All the above

A company established by the order of parliament of president is called:

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Government company

Chartered company

Statutory company

None of these

Shares issued to promoter are called:

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Ordinary shares

Preference shares

Deferred shares

None of these

A company formed by the royal order is:

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Modarba company

Chartered company

Statutory company

Registered company

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

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

What does a company issue to get loan from the public

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Shares

Debentures

Dividend

All the three

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

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Business center

Custom authorities

Stock exchange

Chamber of commerce

Which company can issue the shares to public:

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Chartered company

Public ltd. company

Private company

All the above

What has to be bought in order to become shareholders of a company

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Shares

Debentures

Dividend

None of these

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

A company can sell its shares on the allowing prices:

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At par

At discount

At premium

All the above

In case of cumulative preference shares, the profit if not paid for one year is

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Expired

Not expired

Included in company's capital

None of the above

A company in which at least 51% shares are held by the govt. is called:

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Chartered company

Public company

Statutory company

Government company

Which company can issue the shares to public

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Chartered company

Public ltd. company

Private company

All the above

Business can started after getting certificate of incorporation:

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Public company

Statutory company

Private 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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