MCQOPTIONS
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MCQOPTIONS
This section includes 657 Mcqs, each offering curated multiple-choice questions to sharpen your Testing Subject knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
Can private company go for public issue? |
| A. | Yes |
| B. | No |
| C. | Data Insufficient |
| D. | None |
| Answer» C. Data Insufficient | |
| 2. |
In a private company 49 members are there who were first appointed as a member then joined as an employee 2 members holding 1 share and 15 debenture holders. Did the Company crossed maximum limit? |
| A. | Yes |
| B. | No |
| C. | Data Insufficient |
| D. | None |
| Answer» C. Data Insufficient | |
| 3. |
Where the registrar strikes off the register the name of a company as a defunct one, the court has the power to order restoration of name with in: |
| A. | 5 years |
| B. | 7 years |
| C. | 10 years |
| D. | 20 years |
| Answer» D. 20 years | |
| 4. |
While calculating maximum limit in case of private company. Which of the following will not be included- |
| A. | Employee + Member |
| B. | Member + Employee |
| C. | Member |
| D. | None of these |
| Answer» C. Member | |
| 5. |
Managing director will be counted as _____________ while calculating maximum limit in case of private company. |
| A. | Member |
| B. | Employee |
| C. | Shareholder |
| D. | None of these |
| Answer» B. Employee | |
| 6. |
Transfer of shares in case of private company is? |
| A. | Prohibited |
| B. | Restricted |
| C. | Freely transferable |
| D. | None of these |
| Answer» C. Freely transferable | |
| 7. |
Maximum capital of private company is? |
| A. | 50 Lakhs |
| B. | 1 Crore |
| C. | 1.5 Crore |
| D. | Unlimited |
| Answer» E. | |
| 8. |
Maximum members in case of private company |
| A. | 50 |
| B. | 100 |
| C. | 75 |
| D. | None |
| Answer» B. 100 | |
| 9. |
If the guarantee Co. having share capital, the liability of shareholders will be? |
| A. | Guarantee +unpaid value of shares |
| B. | Unpaid value of shares |
| C. | Unlimited |
| D. | None of the above |
| Answer» B. Unpaid value of shares | |
| 10. |
If a company which is formed with unlimited liability wants to convert to limited liability then it should pass.... |
| A. | Ordinary resolution |
| B. | Special resolution |
| C. | No need |
| D. | None |
| Answer» C. No need | |
| 11. |
If the guarantee Co. having no share capital the liability of shareholders will be |
| A. | To the extent of guarantee |
| B. | Unpaid value of shares |
| C. | Unlimited |
| D. | None of the above |
| Answer» B. Unpaid value of shares | |
| 12. |
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 |
| Answer» C. Registered companies | |
| 13. |
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 |
| Answer» D. None of these | |
| 14. |
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 |
| Answer» D. None of these | |
| 15. |
According to which sec. name of the company should end with “Ltd” or “Pvt Ltd”? |
| A. | 10 |
| B. | 11 |
| C. | 12 |
| D. | 13 |
| Answer» E. | |
| 16. |
In case of Non –Profit making Companies books of accounts are required to be preserved for ________years. |
| A. | 2 |
| B. | 4 |
| C. | 6 |
| D. | 8 |
| Answer» C. 6 | |
| 17. |
In case of companies other than Non –Profit making Companies notice of G.M. should be given with in ________days. |
| A. | 14 |
| B. | 15 |
| C. | 21 |
| D. | 22 |
| Answer» D. 22 | |
| 18. |
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 | |
| 19. |
With in how many days prospectus or statement in lieu of prospectus should file with ROC_______ |
| A. | 30 |
| B. | 40 |
| C. | 20 |
| D. | 50 |
| Answer» B. 40 | |
| 20. |
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 | |
| 21. |
________% of shares should be held by a company in another company so as to become subsidiary. |
| A. | more than 50 |
| B. | more than 40 |
| C. | more than 30 |
| D. | more than 20 |
| Answer» B. more than 40 | |
| 22. |
Central Government permission is required in case of _______ conversion __________ |
| A. | Private to public |
| B. | Public to private |
| C. | Both (a) or (b) |
| D. | None of the above |
| Answer» C. Both (a) or (b) | |
| 23. |
Under which sec. a private company can voluntarily converted into public company _______ |
| A. | 34 |
| B. | 44 |
| C. | 54 |
| D. | 64 |
| Answer» C. 54 | |
| 24. |
If the companies does not increase their paid up capital by 1/5 lakhs with in 2 years such companies are known as ___________ |
| A. | Private |
| B. | Public |
| C. | Defunct |
| D. | Govt Company |
| Answer» D. Govt Company | |
| 25. |
Which companies are exempted to add “Ltd” or “Pvt Ltd” at the end of their name? |
| A. | Private |
| B. | Govt |
| C. | Defunct |
| D. | Association not for profits |
| Answer» E. | |
| 26. |
Alteration of articles must be done only by passing? |
| A. | Special resolution |
| B. | Ordinary resolution |
| C. | Both |
| D. | None |
| Answer» B. Ordinary resolution | |
| 27. |
Ultra vires means? |
| A. | Beyond the power |
| B. | with in the power |
| C. | Both |
| D. | None of the above |
| Answer» B. with in the power | |
| 28. |
The granting of the certificate of incorporation renders the illegal objects include in the memorandum: |
| A. | Legal |
| B. | Void |
| C. | Voidable |
| D. | None of the above |
| Answer» C. Voidable | |
| 29. |
_______are the prospectus issued instead of full prospectus. |
| A. | Abridged |
| B. | Statement in lieu |
| C. | Shelf |
| D. | Red herring |
| Answer» B. Statement in lieu | |
| 30. |
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 |
| Answer» D. None | |
| 31. |
Which Indian-American woman activist was recentlyconferred the ‘Presidential Citizens’ Medal, 2011’? |
| A. | Vijaya Lakshmi Imani |
| B. | Savitri Padnaokar |
| C. | Margaret Martin |
| D. | None of the above |
| Answer» B. Savitri Padnaokar | |
| 32. |
Which Indian organization has been awarded theThomas Reuters Innovation Award, 2011 in the “Hi-TechAcademic and Government” category? |
| A. | ISRO |
| B. | DRDO |
| C. | BHEL |
| D. | SAIL |
| Answer» C. BHEL | |
| 33. |
Indian skipper M.S. Dhoni won ............... award at theannual International Cricket Council (ICC) awardsfunction in London in 2011. |
| A. | ICC Cricketer of the Year |
| B. | ICC Test Cricketer of the Year |
| C. | LG ICC People’s Choice |
| D. | ICC Spirit of Cricket |
| Answer» E. | |
| 34. |
Which of the following awards was bagged by India atthe World Travel Awards, 2011? |
| A. | Best Marketing Campaign |
| B. | Best Destination |
| C. | Best Hospitality |
| D. | Both (a) and (b) |
| Answer» E. | |
| 35. |
Which Indian-American has recently been appointedas the Senior Advisor to the U.S. State Department? |
| A. | Mitul Desai |
| B. | Naveen Junaid |
| C. | Nikki Haley |
| D. | Kamala Harris |
| Answer» B. Naveen Junaid | |
| 36. |
Who recently became the first Indian to win the‘Special Book Award’, the highest literary award of China? |
| A. | Arundhati Roy |
| B. | Chetan Bhagat |
| C. | Prof. B.R. Deepak |
| D. | Prof. K.P. Sudheer |
| Answer» D. Prof. K.P. Sudheer | |
| 37. |
Which tennis player recently became the first Indianto complete career Grand Slam after winning theAustralian Open? |
| A. | Leander Paes |
| B. | Mahesh Bhupati |
| C. | Rohan Bopanna |
| D. | Somdev Dev Varman |
| Answer» B. Mahesh Bhupati | |
| 38. |
Rajat Kumar Gupta was recently arrested by the FBIon insider trading charges. He was the former ManagingDirector of: |
| A. | Bain and Company |
| B. | The Boston Consulting Group |
| C. | McKinsey u0026 Company |
| D. | All of the above |
| Answer» D. All of the above | |
| 39. |
Who amongst the following do not figure in the list ofthe 50 most influential people released by NewStatesman? |
| A. | Ratan Tata |
| B. | Anil Ambani |
| C. | Sonia Gandhi |
| D. | Tim Cook |
| Answer» C. Sonia Gandhi | |
| 40. |
Which Indian movie found a place in the list of the ‘AllTime 25-Best Sports Movies’, compiled by TimeMagazine? |
| A. | Chak de India |
| B. | Lagaan |
| C. | Iqbal |
| D. | 42 Kms |
| Answer» C. Iqbal | |
| 41. |
Name the newly appointed British Deputy HighCommissioner representing United Kingdom inKarnataka. |
| A. | Richard Hyde |
| B. | Ross Reid |
| C. | Ian Felton |
| D. | None of the above |
| Answer» D. None of the above | |
| 42. |
Name the President of the Centre for AmericanProgress, a public policy research and advocacyorganization of the United States of America. |
| A. | Venkatraman Ramakrishnan |
| B. | Satish K. Tripathi |
| C. | C.M. Naim |
| D. | Neera Tandon |
| Answer» E. | |
| 43. |
Vikramjit Singh Sahney, Corporate President of SunInternational, has recently been selected as the Presidentof: |
| A. | FICCI |
| B. | SAARC Chamber of Commerce and Industry |
| C. | ILO |
| D. | None of the above |
| Answer» C. ILO | |
| 44. |
Who was recently appointed as the first Sikh judge ofthe Royal Courts of Justice in U.K.? |
| A. | Rabinder Singh QC |
| B. | Mota Singh QC |
| C. | Harendra Singh QC |
| D. | None of the above |
| Answer» B. Mota Singh QC | |
| 45. |
Who has recently been appointed by the UnitedNations as the Chairman of its panel of external auditors? |
| A. | V.K. Shunglu |
| B. | V.N. Kaul |
| C. | Vinod Rai |
| D. | C.G. Somiah |
| Answer» D. C.G. Somiah | |
| 46. |
Piyush “Bobby” Jindal, a Republican U.S. politician ofIndian origin, has recently been re-elected as theGovernor of: |
| A. | Minnesota |
| B. | Texas |
| C. | Alaska |
| D. | Louisiana |
| Answer» E. | |
| 47. |
Who has recently been appointed as the newChairman of the Asian Organization of Supreme AuditInstitutions (ASOSAI)? |
| A. | Vinod Rai |
| B. | Pranab Mukherjee |
| C. | V.N. Kaul |
| D. | V.K. Shunglu |
| Answer» B. Pranab Mukherjee | |
| 48. |
Who recently became the first Indian officer to beinducted into the ‘Hall of Fame’ of U.S. Army War College,Carlisle, USA? |
| A. | Gen. J.J. Singh |
| B. | Gen. V.K. Singh |
| C. | Lt. Gen. Bikram Singh |
| D. | None of the above |
| Answer» C. Lt. Gen. Bikram Singh | |
| 49. |
which Hindi movie was released first time in 10 different languages? |
| A. | 3 idiots |
| B. | ek tha tiger |
| C. | chennai express |
| D. | dabangg 2 |
| Answer» D. dabangg 2 | |
| 50. |
R.C. Bhargava, the Chairman of …………… has beenawarded ‘The Order of Rising Sun, Gold and Silver Star’ byThe Emperor of Japan in November, 2011. |
| A. | Hyundai India |
| B. | Maruti Suzuki India |
| C. | Mahindra and Mahindra |
| D. | Tata Motors |
| Answer» C. Mahindra and Mahindra | |