11th Principles of Commerce Chapter 7 Test

Here you can prepare 11th Principles of Commerce English Medium Chapter 7 Joint Stock (III) Test. Click the button for 100% free full practice test.

First Year Principles of Commerce Chapter 7 Online MCQ Test for 1st Year Principles of Commerce Chapter 7 (Joint Stock (III))

This online test contains MCQs about following topics:

Directors of the company . Qualification and disqualification of directors . Vacation of Office by director . Powers of duties of directors . Meetings of the company . Resolution and its kinds . Winding up of the company

ICOM Part 1 Commerce Ch. 7 Test
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First Year Principles of Commerce Chapter 7 Online MCQ Test for 1st Year Principles of Commerce Chapter 7 (Joint Stock (III))

Sr. # Questions Answers Choice
1 The basic aim of a co-operative society is:
  • A. To store goods
  • B. To earn profit
  • C. To serve members
  • D. All the above
2 After the formation of a company, the first meeting of shareholder is called:
  • A. Statutory meeting
  • B. Annual general meeting
  • C. Extra ordinary meeting
  • D. None of these
3 The details of the allotted shares is mentioned in:
  • A. Statutory report
  • B. Annual meeting report
  • C. Special meeting report
  • D. All of them
4 An ordinary resolution is passed for
  • A. Winding up of company
  • B. Section of statutory company
  • C. Not announcing the dividend
  • D. All of them
5 To whom does the directors of a company submit the copy of profit and loss account
  • A. Company's registrar
  • B. Company's auditor
  • C. Company's creditor
  • D. None of them
6 Who provides the capital for co-operative society:
  • A. Government
  • B. Members
  • C. Banks
  • D. None of these
7 The directors are selected by
  • A. Shareholders
  • B. Promoters
  • C. Board of directors
  • D. All three can do
8 The directors are selected by:
  • A. Shareholders
  • B. Promoters
  • C. Board of directors
  • D. All three can do
9 After the formation of a company, what is the first meeting of shareholders is called
  • A. Statutory meeting
  • B. Annual general meeting
  • C. Extra ordinary meeting
  • D. None of these
10 What is not necessary for a private company:
  • A. Statutory meeting
  • B. Statutory report
  • C. Both (a) & (b)
  • D. None of these

Top Scorers of Principle of Commerce Icom Part 1 English Medium Chapter 7 Online Test

S

Sawera Ali

Lahore16 - Oct - 2024

14/15
01 Mins 37 Sec
S

Sawera Ali

Lahore16 - Oct - 2024

12/15
02 Mins 03 Sec
S

Sawera Ali

Lahore16 - Oct - 2024

10/15
01 Mins 31 Sec
S

Sheb 07

Lahore23 - Sep - 2024

10/15
02 Mins 36 Sec

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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