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Online Tests
Principle of Commerce Icom Part 1 English Medium Chapter 6 Online Test MCQs With Answers
Question # 1
In case of cumulative preference shares, the profit if not paid for one year is:
Choose an answer
Expired
Not Expired
Included in company's capital
None of the above
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Question # 2
The memorandum and articles of company are:
Choose an answer
Two names of the same document
Two different documents
They are not documents
Both have the same objective
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Question # 3
A word "private" is not used by:
Choose an answer
A statutory company
A public company
A chartered company
All the above
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Question # 4
The most important document of a company is
Choose an answer
The memorandum
The articles
The prospectus
The accounts of company
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Question # 5
Which company can issue the shares to public
Choose an answer
Chartered company
Public ltd. company
Private company
All the above
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Question # 6
A company can sell its shares on the allowing prices:
Choose an answer
At par
At discount
At premium
All the above
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Question # 7
A public Ltd. company is included in the list of
Choose an answer
Business centre
Custom authorities
Stock exchange
Chamber of commerce
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Question # 8
Modarba company is formed under:
Choose an answer
Modarba companies ordinance 1980
Modarba companies ordinance 1984
Modarba companies ordinance 1960
Modarba companies ordinance 1970
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Question # 9
On which type of shares a company gives the profit on preferential basis:
Choose an answer
Ordinary shares
Preference shares
Elementary shares
On all the three
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Question # 10
The debentures holders of the company are its:
Choose an answer
Workers
Managers
Directors
Creditors
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Question # 11
What does a company issue to get loan from the public:
Choose an answer
Shares
Debentures
Dividend
All of these
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Question # 12
A company formed by the royal order is:
Choose an answer
Modarba company
Chartered company
Statutory company
Registered company
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Question # 13
Modarba company is formed under
Choose an answer
Modarba companies ordinance 1980
Modarba companies ordinance 1984
Modarba companies ordinance 1960
Modarba companies ordinance 1970
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Question # 14
Business can started after getting certificate of incorporation:
Choose an answer
Public company
Statutory company
Private company
All the above
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Question # 15
What does a company issue to get loan from the public
Choose an answer
Shares
Debentures
Dividend
All the three
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Question # 16
Holding company is a company which has
Choose an answer
No shares of other company
Less than 50% shares of other company
More than 50% shares of other company
50% shares of other company
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