Question # 1

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

What is the time duration in which a public company is bound to call a general meeting after getting certificate of incorportaion:

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6 months

9months

12months

16months

Whose signature is important on statutory report of the company:

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Shareholders

Promoters

Directors

Auditors

The minimum number of directors in a public ltd. company:

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Seven

Nine

Eleven

Two

People who run the management of a joint stock company are:

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Shareholders

Creditors

Directors

Debenture holders

The directors are selected by:

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Shareholders

Promoters

Board of directors

All three can do

The basic aim of a co-operative society is:

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To store goods

To earn profit

To serve members

All the above

The minimum number of directors in a multimembers private ltd. company:

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Five

Seven

Two

Not fixed

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

18 months

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

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