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Online Tests
Principle of Commerce Icom Part 1 English Medium Chapter 7 Online Test MCQs With Answers
Question # 1
After the formation of a company, what is the first meeting of shareholders is called
Choose an answer
Statutory meeting
Annual general meeting
Extra ordinary meeting
None of these
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Question # 2
Who provides the capital for co-operative society:
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Government
Members
Banks
None of these
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Question # 3
To whom does the directors of a company submit the copy of profit and loss account
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Company's registrar
Company's auditor
Company's creditor
None of them
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Question # 4
The minimum number of directors in a public company
Choose an answer
Seven
Nine
Eleven
Two
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Question # 5
What are the possibilities to wind up a company
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Voluntary winding up
Voluntary winding up under the supervision of court
Voilent winding up by the court
All of them
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Question # 6
The objective of a statutory meeting is:
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To raise funds
To settle preferences
To win the confidence of company's shareholders
To sell the shares
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Question # 7
The minimum number of directors in a multi-members private ltd. company
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Five
Seven
Two
Not fixed
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Question # 8
People who run the management of a joint stock company are:
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Shareholders
Creditors
Directors
Debenture holders
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Question # 9
What is the time duration in which a public company is bound to call a general meeting after getting certificate of incorporation
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6 months
9 months
12 months
18 months
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Question # 10
The notice of special resolution must be given to the members
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21 days before
37 days before
33 days before
14 days before
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Question # 11
People who run the management of a joint stock company are
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Shareholders
Creditors
Directors
Debentureholders
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Question # 12
For how much time the directors are selected in public ltd. company:
Choose an answer
2 years
3 years
7 years
10 years
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Question # 13
After the formation of a company, the first meeting of shareholder is called:
Choose an answer
Statutory meeting
Annual general meeting
Extra ordinary meeting
None of these
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Question # 14
Co-operative society is established under the following act:
Choose an answer
1920
1925
1930
1935
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Question # 15
What is the time duration in which a public company is bound to call a general meeting after getting certificate of incorporation:
Choose an answer
6 months
9 months
12 months
16 months
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