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ELEMENTS OF COMPANY LAW
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190 + Importance COMPANY LAW MCQ PDF
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1. Minimum Number of Members in case of public
company______
A. 1
B. 2
C. 5
D. 7
ANS : D
2. Minimum Number of Members in case of private company
is
A. 1
B. 2
C. 3
D. 7
ANS : B
3. Maximum no of Members in case of Private Company is
A. 50
B. 100
C. 150
D. 200
ANS : D
4. Maximum no of Members in case of public company is
A. 0
B. unlimited
C. 50
D. 100
ANS : B
5. Transfer of Shares in the Company is
A. Restricted
B. Freely transferable
C. Prohibited
D. None of these
ANS : B
6. A Company is Named as govt. Company if it is holds_____% of paid up share capital
A. more than 30
B. more than 40
C. more than 50
D. None
ANS : C
7. In case of Appointment of Directors ____ form is to
be filed
A. 29
B. 32
C. 18
D. 1
ANS : A
8. ____ is the Conclusive Evidence in case of company
that statutory requirements have
complied with
A. Certificate of Incorporation
B. Certificate of commencement of Business
C. Both
D. None of the above
ANS : A
9. Private Company can start its Business Immediately
after the issue of
A. Certificate of commencement of Business
B. Certificate of Incorporation
C. Both
D. None of the above
ANS : A
10. Public Company Should start Business only after
getting
A. Certificate of Incorporation
B. Commencement of business
C. None of these
ANS : B
11. Private Company can starts Business only after Getting Certificate of
A. Incorporation
B. Commencement of business
C. None of these
ANS : A
12. Which of the following is not a stage of the Development of Company
A. Promotion
B. Production
C. Incorporation
D. Commencement of Business
ANS : B
13. A is one who Performs the Preliminary duties Necessary to bring A Company into being and
float it.
A. Auditor
B. Promoter
C. Director
D. Financer
ANS : B
14.One who Undertakes to form a Company with reference to a given object and set it going And who takes the necessary steps to accomplish that purpose
A. Promoter
B. Directors
C. C.E.O.
D. Board of Directors
ANS : A
15. The Companies which are formed under Special Act.
Those Companies are called as
A. Chartered companies
B. Statutory companies
C. Registered companies
D. None of these
ANS : B
16. The Companies which are formed under Companies Act.
1956 . They will be called as
A. Chartered companies
B. Statutory companies
C. Registered companies
D. None of these
ANS : C
17. Can Private Company go for Public issue?
A. Yes
B. No.
ANS : B
18. Can Private Company Accept Deposits from the public?
A. Yes
B. No
ANS : B
19. Minimum paid up Share Capital in case of A Private Company is _______
A. 1 Lakh
B. 2 Lakhs
C. 3 Lakhs
D. 4 Lakhs
ANS : A
20. Minimum Paid up share Capital in case of a Public Company is ________
A. 1 Lakh
B. 3 Lakhs
C. 5 Lakhs
D. 7 Lakhs
ANS : C
21. Minimum no. of Directors in case of a Public Company
is __________
A. 1
B. 2
C. 3
D. 4
ANS : C
22. The Companies which are formed under Special Charter
granted by the king or queen of
England are called
A. Statutory companies
B. Registered companies
C. Chartered companies
D. None of these
ANS : C
23. The Companies which are formed under Special Act .
Those Companies are called as
A. Chartered companies
B. Statutory companies
C. Registered companies
D. None of these
ANS : B
24. The Companies which are formed under Companies Act.
1956 . They will be called as
A. Chartered companies
B. Statutory companies
C. Registered companies
D. None of these
ANS : C
25. Under which sec a Private Company can Voluntarily
converted into public company
_______
A. 34
B. 44
C. 54
D. 64
ANS : B
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