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	Whose signature is important on statutory report of the company	Shareholders Promoters Directors Auditors
2	An ordinary resolution is passed for	Winding up of company Section of statutory company Not announcing the dividend All of them
3	What are the possibilities to wind up a company	Voluntary winding up Voluntary winding up under the supervision of court Voilent winding up by the court All of them
4	After the formation of a company, what is the first meeting of shareholders is called	Statutory meeting Annual general meeting Extra ordinary meeting None of these
5	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 18 months
6	For how much time the directors are selected in a public ltd. company	2 years 3 years 7 years 10 years
7	The details of the allotted shares is mentioned in	Statutory report Annual meeting report Special meeting report All of them
8	The notice of special resolution must be given to the members	21 days before 37 days before 33 days before 14 days before
9	The objective of a statutory meeting is	To raise funds To settle preference To gain the confidence of company's shareholders To sell the shares
10	The minimum number of directors in a multi-members private ltd. company	Five Seven Two Not fixed
11	The minimum number of directors in a public company	Seven Nine Eleven Two
12	What does a company get from the prospectus	Capital Fame Registration All the three
13	The profit given to shareholder on their investment by a company is called	Debenture Share Dividend Bonus
14	The most important document of a company is	The memorandum The articles The prospectus The accounts of company
15	Modarba company is formed under	Modarba companies ordinance 1980 Modarba companies ordinance 1984 Modarba companies ordinance 1960 Modarba companies ordinance 1970

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