MCQOPTIONS
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MCQOPTIONS
This section includes 216 Mcqs, each offering curated multiple-choice questions to sharpen your Bachelor of Science in Law (BSL) knowledge and support exam preparation. Choose a topic below to get started.
| 201. |
Question: Change in objects clauses can be effected |
| A. | for any reason |
| B. | for special reason only |
| C. | to comply with c.g order |
| D. | none of the above |
| Answer» C. to comply with c.g order | |
| 202. |
Question: ___ is issued in acknowledgement of any indebtedness |
| A. | debenture certificate |
| B. | share certificate |
| C. | share warrant |
| D. | none of the above |
| Answer» B. share certificate | |
| 203. |
Question: Which of the following is not a member of a company? |
| A. | partnership firm |
| B. | foreigner |
| C. | government |
| D. | huf |
| Answer» B. foreigner | |
| 204. |
Question: In case of Non -Profit making Companies notice of general meeting should be given with in _____ days |
| A. | 14 |
| B. | 15 |
| C. | 21 |
| D. | 22 |
| Answer» B. 15 | |
| 205. |
Question: Minimum no. of Directors in case of a public company is ___ |
| A. | 1 |
| B. | 2 |
| C. | 3 |
| D. | 4 |
| Answer» D. 4 | |
| 206. |
Question: Share warrants can be issued with the prior approval of the____ |
| A. | company law board |
| B. | dept of company affairs |
| C. | registrar |
| D. | none |
| Answer» D. none | |
| 207. |
Question: The lending of funds ultra vires, the company has no rights |
| A. | under the company’s act |
| B. | contract act |
| C. | under equity |
| D. | none of the above |
| Answer» B. contract act | |
| 208. |
Question: The company must deliver share certificate within______ if the shares applied for transfer. |
| A. | 3 months |
| B. | 2 months |
| C. | 5 months |
| D. | none of these |
| Answer» C. 5 months | |
| 209. |
Question: Minimum paid up share capital in case of a public company is _____ |
| A. | 1 lakh |
| B. | 3 lakhs |
| C. | 5 lakhs |
| D. | 7 lakhs |
| Answer» D. 7 lakhs | |
| 210. |
Question: Debentures payable to a holder of certificate is called_____ |
| A. | bearer |
| B. | unregistered |
| C. | secured |
| D. | both ((a) & ((b) |
| Answer» B. unregistered | |
| 211. |
Question: Age limit of Directors in case of private company is ___________ |
| A. | 65 |
| B. | 70 |
| C. | 75 |
| D. | no limit |
| Answer» E. | |
| 212. |
Question: Liability under_____ sec. may be imposed only if it is proved that the companies business has been carried on with a view to defraud the creditors |
| A. | 540 |
| B. | 541 |
| C. | 542 |
| D. | 543 |
| Answer» D. 543 | |
| 213. |
Question: The time gap between two AGM’s shall not exceed. |
| A. | 15 months |
| B. | 18 months |
| C. | 16 months |
| D. | none of these |
| Answer» B. 18 months | |
| 214. |
Question: Maximum rate of discount that can be allowed on issue of shares |
| A. | 5% |
| B. | 10% |
| C. | 15% |
| D. | 20% |
| Answer» C. 15% | |
| 215. |
Question: The time period for conduction of AGM is extended by ROC for how many months |
| A. | 1 |
| B. | 2 |
| C. | 3 |
| D. | 4 |
| Answer» D. 4 | |
| 216. |
Question: _________ Order to call a EGM even though 1 member present in person or by proxy. |
| A. | roc |
| B. | c.g |
| C. | nclt |
| D. | d.c.a |
| Answer» C. nclt | |