11th Class ICom Part 1 Principles of Commerce Chapter Wise Online MCQ Test with answers PDF English Medium

Principle of Commerce Icom Part 1 English Medium Online Test

Sr. #	Questions	Answers Choice
1	People who run the management of a joint stock company are:	Shareholders Creditors Directors Debenture holders
2	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 these
3	Whose signature is important on statutory report of the company:	Shareholders Promoters Directors Auditors
4	An ordinary resolution is passed for:	Winding up of company Section of statutory company Not announcing the dividend All of them
5	What are the possibilities to wind up a company:	Voluntary winding up Voluntary winding up under the supervision of court Violent winding up by the court All of them
6	After the formation of a company, the first meeting of shareholder is called:	Statutory meeting Annual general meeting Extra ordinary meeting None of these
7	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
8	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
9	For how much time the directors are selected in public ltd. company:	2 years 3 years 7 years 10 years
10	The details of the allotted shares is mentioned in:	Statutory report Annual meeting report Special meeting report All of them
11	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
12	The minimum number of directors in a multimembers private ltd. company:	Five Seven Two Not fixed
13	The minimum number of directors in a public ltd. company:	Seven Nine Eleven Two
14	The powers of directors and promoters are discussed in:	MOA AOA Prospectus All of these
15	A word "private" is not used by:	A statutory company A public company A chartered company All the above

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