11th class Principles of Commerce chapter 7 online mcq test with answers for I.Com part 1 Principles of Commerce chapter 7(Joint Stock (III))

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

Sr. #	Questions	Answers Choice
1	After the formation of a company, the first meeting of shareholder is called:	Statutory meeting Annual general meeting Extra ordinary meeting None of these
2	What is the time duration in which a public company is bound to call a general meeting after getting certificate of incorportaion:	6 months 9months 12months 16months
3	What is the time duration in which a public company is bound to call a general meeting after getting certificate of incorporation:	6 months 9 months 12 months 16 months
4	For how much time the directors are selected in public ltd. company:	2 years 3 years 7 years 10 years
5	The details of the allotted shares is mentioned in:	Statutory report Annual meeting report Special meeting report All of them
6	The objective of a statutory meeting is:	To raise funds To settle preferences To win the confidence of company's shareholders To sell the shares
7	The minimum number of directors in a multimembers private ltd. company:	Five Seven Two Not fixed
8	The minimum number of directors in a public ltd. company:	Seven Nine Eleven Two
9	Who can be a director of a company	Immature/Minor Artificial person Representative of the creditor Insolvent person
10	The directors are selected by	Shareholders Promoters Board of directors All three can do
11	People who run the management of a joint stock company are	Shareholders Creditors Directors Debentureholders
12	To whom does the directors of a company submit the copy of profit and loss account	Company's registrar Company's auditor Company's creditor None of them
13	Whose signature is important on statutory report of the company	Shareholders Promoters Directors Auditors
14	An ordinary resolution is passed for	Winding up of company Section of statutory company Not announcing the dividend All of them
15	What are the possibilities to wind up a company	Voluntary winding up Voluntary winding up under the supervision of court Voilent winding up by the court All of them

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