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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 report send along with the notice of statutory meeting is called:
  • A. Company report
  • B. Auditor'sreport
  • C. Statutoryreport
  • D. Profit and lossreport
2 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
3 The shareholders should be informed about the statutory meeting least:
  • A. 14 days before
  • B. 21 days before
  • C. 7 days before
  • D. None of these
4 Who can be a director of a company
  • A. Immature/Minor
  • B. Artificial person
  • C. Representative of the creditor
  • D. Insolvent person
5 The directors are selected by:
  • A. Shareholders
  • B. Promoters
  • C. Board of directors
  • D. All three can do
6 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
7 People who run the management of a joint stock company are
  • A. Shareholders
  • B. Creditors
  • C. Directors
  • D. Debentureholders
8 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
9 What is the time duration in which a public company is bound to call a general meeting after getting certificate of incorporation
  • A. 6 months
  • B. 9 months
  • C. 12 months
  • D. 18 months
10 What are the possibilities to wind up a company
  • A. Voluntary winding up
  • B. Voluntary winding up under the supervision of court
  • C. Voilent winding up by the court
  • D. All of them

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

M

Minahil Asif

Lahore04 - Jun - 2024

14/15
01 Mins 15 Sec
Z

Zafar Ali

Lahore01 - Jun - 2024

14/15
01 Mins 20 Sec
F

Fatima Asif

Lahore27 - May - 2024

14/15
01 Mins 23 Sec
A

Arham Khan

Lahore08 - Jun - 2024

14/15
01 Mins 26 Sec
A

Arham Khan

Lahore08 - Jun - 2024

14/15
01 Mins 55 Sec
M

Minahil Asif

Lahore31 - May - 2024

14/15
01 Mins 57 Sec
Z

Zafar Ali

Lahore01 - Jun - 2024

13/15
01 Mins 55 Sec
M

Minahil Asif

Lahore03 - Jun - 2024

12/15
01 Mins 07 Sec
F

Fatima Asif

Lahore27 - May - 2024

12/15
01 Mins 31 Sec
F

Fatima Asif

Lahore03 - Jun - 2024

12/15
01 Mins 32 Sec
F

Fatima Asif

Lahore27 - May - 2024

12/15
01 Mins 36 Sec
F

Fatima Asif

Lahore27 - May - 2024

12/15
03 Mins 14 Sec

M. Faizan Wattoo M. Bakhsh Zafar

Lahore21 - Apr - 2024

11/15
51 Sec
A

Arham Khan

Lahore08 - Jun - 2024

11/15
03 Mins 11 Sec
A

Arham Khan

Lahore08 - Jun - 2024

10/15
03 Mins 27 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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