More Classes
5th Class
6th Class
7th Class
8th Class
9th Class
10th Class
11th Class
12th Class
NAT I
NAT II
CSS
IQ
General Knowledge
MDCAT
ECAT
GAT General
GAT Subject
Other Links
Go to Home
Online Tests
Principle of Commerce Icom Part 1 English Medium Chapter 7 Online Test MCQs With Answers
Question # 1
The notice of special resolution must be given to the members
Choose an answer
21 days before
37 days before
33 days before
14 days before
Previous
Skip
Next
Question # 2
Whose signature is important on statutory report of the company
Choose an answer
Shareholders
Promoters
Directors
Auditors
Previous
Skip
Next
Question # 3
What are the possibilities to wind up a company:
Choose an answer
Voluntary winding up
Voluntary winding up under the supervision of court
Violent winding up by the court
All of them
Previous
Skip
Next
Question # 4
For how much time the directors are selected in a public ltd. company
Choose an answer
2 years
3 years
7 years
10 years
Previous
Skip
Next
Question # 5
The minimum number of directors in a multimembers private ltd. company:
Choose an answer
Five
Seven
Two
Not fixed
Previous
Skip
Next
Question # 6
To whom does the directors of a company submit the copy of profit and loss account:
Choose an answer
Company's registrar
Company's auditor
Company's creditor
None of these
Previous
Skip
Next
Question # 7
The directors are selected by:
Choose an answer
Shareholders
Promoters
Board of directors
All three can do
Previous
Skip
Next
Question # 8
What is not necessary for a private company:
Choose an answer
Statutory meeting
Statutory report
Both (a) & (b)
None of these
Previous
Skip
Next
Question # 9
The directors are selected by
Choose an answer
Shareholders
Promoters
Board of directors
All three can do
Previous
Skip
Next
Question # 10
Co-operative society is established under the following act:
Choose an answer
1920
1925
1930
1935
Previous
Skip
Next
Question # 11
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
Previous
Skip
Next
Question # 12
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
Previous
Skip
Next
Question # 13
A Statutory meeting is called after getting the certificate of commencement:
Choose an answer
After 3 Months
After 6 Months
After 3 months and before 6 months
Within a year
Previous
Skip
Next
Question # 14
To whom does the directors of a company submit the copy of profit and loss account
Choose an answer
Company's registrar
Company's auditor
Company's creditor
None of them
Previous
Skip
Next
Question # 15
People who run the management of a joint stock company are:
Choose an answer
Shareholders
Creditors
Directors
Debenture holders
Previous
Skip
Next
Back