1 |
The company formed by teh means of Royal Charter is called. |
- A. Public limited company
- B. Private limited company
- C. Charterd company
- D. Registered company
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2 |
A company in which memebr gives a guarantee to contribute a specified sum to the company of its being wound up is called. |
- A. Limited company
- B. Un limited company
- C. Company limited by guarantee
- D. Chartered company
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3 |
Interest on dividend is paid. |
- A. At the end of financial period
- B. During the fiancancial year
- C. At the time of incorporation
- D. At the time of winding of company
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4 |
In case of private company minimum numebr of sharaeholders are. |
- A. Six
- B. Seven
- C. Ten
- D. Two
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5 |
A situtation where a company receives a application for a less number of shares than offered to the public for subscription is termed as. |
- A. Under subscription
- B. Over subscription
- C. General subscription
- D. Above subscription
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6 |
If the price required to be paid to the company for the share is more than nominal value of that share, it is called. |
- A. At discount
- B. At premium
- C. At par
- D. None of these
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7 |
Dividend is calculated on. |
- A. Registered capital
- B. Issue Capital
- C. Paid up Capital
- D. Subscribed Capital
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8 |
The profit earned prior to the date of incorporatin is. |
- A. Revenue profit
- B. Capital profit
- C. Capital gain
- D. Revenue gain
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9 |
The maximum number of member in case of public limited company can be |
- A. Forty
- B. Fifty
- C. Sixty
- D. No restriction on maximum number
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10 |
The face value of the share is also known as. |
- A. Book value
- B. Par value
- C. Market value
- D. None of these
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