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 What is not necessary for a private company:
  • A. Statutory meeting
  • B. Statutory report
  • C. Both (a) & (b)
  • D. None of these
2 People who run the management of a joint stock company are:
  • A. Shareholders
  • B. Creditors
  • C. Directors
  • D. Debenture holders
3 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
4 Whose signature is important on statutory report of the company:
  • A. Shareholders
  • B. Promoters
  • C. Directors
  • D. Auditors
5 The objective of a statutory meeting is:
  • A. To raise funds
  • B. To settle preferences
  • C. To win the confidence of company's shareholders
  • D. To sell the shares
6 Who can be a director of a company:
  • A. Immature / Minor
  • B. Artificial person
  • C. Representative of the creditor
  • D. Insolvent person
7 The minimum number of directors in a multimembers private ltd. company:
  • A. Five
  • B. Seven
  • C. Two
  • D. Not fixed
8 Co-operative society is established under the following act:
  • A. 1920
  • B. 1925
  • C. 1930
  • D. 1935
9 For how much time the directors are selected in public ltd. company:
  • A. 2 years
  • B. 3 years
  • C. 7 years
  • D. 10 years
10 For how much time the directors are selected in a public ltd. company
  • A. 2 years
  • B. 3 years
  • C. 7 years
  • D. 10 years

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

S

Sadia6560 Noman

Lahore10 - Dec - 2024

12/15
01 Mins 40 Sec
D

Disha Chhabira

Lahore04 - Feb - 2025

12/15
01 Mins 59 Sec
D

Disha Chhabira

Lahore12 - Feb - 2025

12/15
02 Mins 28 Sec
F

Farhan Nasir

Lahore15 - Dec - 2024

10/15
03 Mins 33 Sec
D

Disha Chhabira

Lahore12 - Feb - 2025

8/15
02 Mins 34 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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