Question # 1

After the formation of a company, what is the first meeting of shareholders is called

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Statutory meeting

Annual general meeting

Extra ordinary meeting

None of these

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

What are the possibilities to wind up a company:

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Voluntary winding up

Voluntary winding up under the supervision of court

Violent winding up by the court

All of them

Who provides the capital for co-operative society:

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Government

Members

Banks

None of these

After the formation of a company, the first meeting of shareholder is called:

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Statutory meeting

Annual general meeting

Extra ordinary meeting

None of these

The details of the allotted shares is mentioned in

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Statutory report

Annual meeting report

Special meeting report

All of them

The details of the allotted shares is mentioned in:

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Statutory report

Annual meeting report

Special meeting report

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

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

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