Question # 1

Name any one major difference between the Public Company and Private Company?

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A public company cannot issue prospectus to invite public for purchase of shares while private company can issue prospectus

There is not major difference between these two

A Public company can issue prospectus to invite public for purchase of shares while private company cannot issue propectus

None of these

Advertising media:

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Internet

Newspapers

Magazines

All of the above

A company retains a portion of its profit as a source of finance for the company, this is known as

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Pulling back of profit

Ploughing back of profit

Earning Finance

Pulling up of profit

A person or an organization which buys the share of a particular company is known as

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Subscriber

Manager

Builder

None of these

What is the major difference between the memorandum of Association and the Articles of Association?

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Memorandum of Association is a subsidiary is primary document

There is no major difference between these too

Memorandum of Association is a primary document and Articles of Association is subsidiary document

Memorandum of Association is a secondary document and Articles of Association is subsidiary document

What is international trade?

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The selling of goods or services between the different counties of the world is known as international trade

The buying and selling of goods or services between the different countries of the world is known as international trade

The buying of goods or services between the different countries of the world is known as international trade

None of these

What is called the amount of capital subscribed by people against issued capital?

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Paid up capital

Purchased capital

Uncalled capital

Reserved capital

What is called the buying of goods or services from abroad?

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Export

Import

Trade difference

Trade deficit

Pick the correct statement:

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Registration of Partnership is not mandatory according to partnership Act 1935.

Registration of Partnership is mandatory according to partnership Act 1935

Registration of Partnership is not mandatory according to partnership Act 1932

Registration of Partnership is mandatory according to partnership Act 1932

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NAT II Management Science Business Ethics MCQs With Answers

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