MCQOPTIONS
Saved Bookmarks
MCQOPTIONS
This section includes 189 Mcqs, each offering curated multiple-choice questions to sharpen your Bachelor of Commerce (B Com) knowledge and support exam preparation. Choose a topic below to get started.
| 151. |
A subsidiary company can be a member of the holding company also. |
| A. | True |
| B. | False |
| C. | undefined |
| D. | either (a) or (b) |
| Answer» B. False | |
| 152. |
_____________ is a misdemeanor committed by majority shareholders, who under control of their majority power wrongfully inflict upon the minority shareholder or minority shareholders any harm of injury. |
| A. | Mismanagement |
| B. | Minority Right |
| C. | Majority Right |
| D. | Oppression |
| Answer» E. | |
| 153. |
To be appointed as a director in a company, a person must have |
| A. | Qualification shares |
| B. | Been a District Judge for not less than three years |
| C. | Been a shareholder in the company for not less than three years |
| D. | None of the above |
| Answer» B. Been a District Judge for not less than three years | |
| 154. |
Which of the following are permitted to present the petition for winding up? |
| A. | Creditors |
| B. | Contributories |
| C. | Company |
| D. | All of the above |
| Answer» E. | |
| 155. |
Every company can have a maximum number of directors up to |
| A. | 10 |
| B. | 15 |
| C. | 20 |
| D. | 25 |
| Answer» C. 20 | |
| 156. |
The term Managing Director as defined by Companies Act, 2013, means |
| A. | A director who, by virtue of the articles of a company is entrusted with substantial powers of management of the affairs of the company. |
| B. | A director who, by virtue of an agreement with the company is entrusted with substantial powers of management of the affairs of the company. |
| C. | A director who, by virtue of a resolution passed in its general meeting, or by its Board of Directors is entrusted with substantial powers of management of the affairs of the company |
| D. | All of the above |
| Answer» E. | |
| 157. |
The Certificate issued by the Registrar after a company is registered is called_________ |
| A. | Registration Certificate |
| B. | Certificate of Incorporation |
| C. | Certificate of commencement of business |
| D. | None of the above |
| Answer» C. Certificate of commencement of business | |
| 158. |
_____ shall fix the minimum rates of wages payable to employees employed in a scheduled employment. |
| A. | The Appropriate Government |
| B. | The State Government |
| C. | The Central Government |
| D. | The employer |
| Answer» B. The State Government | |
| 159. |
The appropriate Government may fix a minimum rates of wages for: |
| A. | A minimum time rate |
| B. | Overtime rate |
| C. | A minimum piece rate |
| D. | All the above |
| Answer» E. | |
| 160. |
A whole-time key managerial personnel shall not hold office in more than __________ at the same time. |
| A. | one company except in its subsidiary company |
| B. | two company in its subsidiary company |
| C. | one company except in its wholly owned subsidiary company |
| D. | none of the above |
| Answer» B. two company in its subsidiary company | |
| 161. |
The appropriate government shall review the minimum rates of wages at such intervals not exceeding |
| A. | 2 years |
| B. | 3 years |
| C. | 4 years |
| D. | 5 years |
| Answer» E. | |
| 162. |
Under Section 20(1) of the Minimum Wages Act , which of the following, may the Appropriate Government appoint as an authority to hear and decide cases related to payment of wages? |
| A. | Any commissioner for Workmen s Compensation |
| B. | Any officer of the Central Government exercising functions as Labour Commissioner for any region |
| C. | Any officer of the State Government |
| D. | All of the Above |
| Answer» E. | |
| 163. |
The term wages under Minimum Wages Act, 1984 includes |
| A. | Provident fund |
| B. | Travelling allowance |
| C. | Gratuity payable on discharge |
| D. | House rent allowance |
| Answer» E. | |
| 164. |
No adult worker shall be allowed to work in a factory for more than |
| A. | 48 hours in any week |
| B. | 46 hours in any week |
| C. | 47 hours in any week |
| D. | 44 hours in any week |
| Answer» B. 46 hours in any week | |
| 165. |
Any member, entitled to attend and vote in a meeting, can appoint another person to attend and vote on his behalf, the person appointed is called- |
| A. | Directors |
| B. | Voters |
| C. | Shareholders |
| D. | Proxy |
| Answer» E. | |
| 166. |
If no person is named in the articles of association as director, the person who sign the memorandum of association of the company become ____________ |
| A. | Managing director |
| B. | Independent director |
| C. | Whole time director |
| D. | First director |
| Answer» E. | |
| 167. |
A person appointed by any member of the company to attend and vote at the meeting on his behalf is called _________ |
| A. | the Proxy |
| B. | Alternate director |
| C. | Qualifier |
| D. | Agent |
| Answer» B. Alternate director | |
| 168. |
A person who has control over the affairs of the company, directly or indirectly whether as a shareholder, director or otherwise |
| A. | Promoter |
| B. | Manager |
| C. | Owner |
| D. | None of the Above |
| Answer» B. Manager | |
| 169. |
A person who has control over the affairs of the company, directly or indirectly whether as a shareholder, director or otherwise |
| A. | Promoter |
| B. | Manager |
| C. | Owner |
| D. | None of the Above |
| Answer» C. Owner | |
| 170. |
In every factory where __________are employed, a room shall be provided for the use of children of such women. |
| A. | more than 10 women |
| B. | more than 20 women |
| C. | more than 30 women |
| D. | more than 40 women |
| Answer» D. more than 40 women | |
| 171. |
No child shall be employed or permitted to work in any factory- |
| A. | For more than three and a half in any day. |
| B. | For more than four and a half in any day. |
| C. | For more than five and a half in any day. |
| D. | For more than six and a half in any day. |
| Answer» C. For more than five and a half in any day. | |
| 172. |
The company must be registered in accordance with the provisions of the Companies Act, 1956, and the ___________ must be obtained. |
| A. | Prospectus |
| B. | Certificate of Commencement of Business |
| C. | Statement in lieu of Prospectus |
| D. | Certificate of Incorporation |
| Answer» E. | |
| 173. |
A company shall not appoint any person as its whole time director if: |
| A. | He is an undischarged insolvent |
| B. | He is already a director of other company |
| C. | He is a minor |
| D. | None of the above |
| Answer» B. He is already a director of other company | |
| 174. |
The Factories Actcame into force on: |
| A. | 1st April 1949 |
| B. | 15th March,1976 |
| C. | 5th June 2000 |
| D. | 1st September 1998 |
| Answer» B. 15th March,1976 | |
| 175. |
In factories, all latrine and urinal accommodation shall be of prescribed sanitary types wherein more than ________ workers are ordinarily employed: |
| A. | 200 |
| B. | 500 |
| C. | 250 |
| D. | 200 |
| Answer» D. 200 | |
| 176. |
Under the Minimum Wages Act, 1948 the appropriate government shall fix the minimum rates of wages payable to the employees employed in an employment specified in |
| A. | Schedule I, Part I, II and the employments and added under section |
| B. | Schedule I part II |
| C. | 27Schedule I part I |
| D. | Schedule I and II |
| Answer» B. Schedule I part II | |
| 177. |
Which of the following is not a method for fixing Minimum Wages under the Minimum Wages Act, 1948? |
| A. | Notification Method |
| B. | Committee Method |
| C. | Bargaining Method |
| D. | None of the above |
| Answer» D. None of the above | |
| 178. |
Adolescent means a person who has completed his____year of age but has not completed his eighteenth year. |
| A. | 12 |
| B. | 14 |
| C. | 15 |
| D. | 18 |
| Answer» C. 15 | |
| 179. |
As per the Factories Act, 1948, young person means a person who is |
| A. | a child |
| B. | an adolescent |
| C. | Either (a) or (b) |
| D. | Neither (a) nor (b) |
| Answer» D. Neither (a) nor (b) | |
| 180. |
Children who have not completed his _____________ year shall not be required or allowed to work in any factory. |
| A. | 12 |
| B. | 13 |
| C. | 14 |
| D. | 15 |
| Answer» D. 15 | |
| 181. |
The first Factories Act in India was passed in: |
| A. | 1911 |
| B. | 1922 |
| C. | 1881 |
| D. | 1934 |
| Answer» D. 1934 | |
| 182. |
Which of the following statements relating to the Factories Act is not true? |
| A. | There is a provision in the Act relating to the constitution of a Managing Committee for the management of the canteen. |
| B. | There is a provision in the Act regarding the setting up of a safety committee. |
| C. | The Act does not have a provision relating to the setting up of welfare committee. |
| D. | The Act has a provision relating to the establishment of a Grievance Committee. |
| Answer» E. | |
| 183. |
Section ________ of the Factories Act contains the provisions relating to the safety of the workers: |
| A. | 11 to 20 |
| B. | 42 to 50 |
| C. | 21 to 41 |
| D. | 1 to 10 |
| Answer» B. 42 to 50 | |
| 184. |
It is the duty of the ___________to enforce the provision of the Factories Act and other industrial laws |
| A. | Occupier |
| B. | Promoter |
| C. | Factory inspectors |
| D. | Employer/Owner |
| Answer» D. Employer/Owner | |
| 185. |
The Factories Act, 1948 came into force on |
| A. | 1st April, 1949 |
| B. | 2nd April, 1949 |
| C. | 3rd April, 1949 |
| D. | 4th April, 1949 |
| Answer» B. 2nd April, 1949 | |
| 186. |
Provisions regarding the welfare of workers was mention in _________of the Factories Act, 1948 |
| A. | section 20-32 |
| B. | section 30 to 40 |
| C. | section 42 to 50 |
| D. | section 52 to 62 |
| Answer» D. section 52 to 62 | |
| 187. |
As per Factories Act, "child" means a person who has not completed his _____ years of age |
| A. | 18th |
| B. | 21st |
| C. | 15th |
| D. | 14th |
| Answer» D. 14th | |
| 188. |
The essentials of a lock out are: |
| A. | Temporary closing of a place of employment |
| B. | Failure or refusal or inability to give employment |
| C. | A concerted refusal to continue to work |
| D. | None of these |
| Answer» B. Failure or refusal or inability to give employment | |
| 189. |
As per _________ of Employees Compensation Act,1923 minor means a person who has attained the age of 18 years: |
| A. | Section 2(f) |
| B. | Section 2(ff) |
| C. | Section 2(g) |
| D. | Section 2(h) |
| Answer» C. Section 2(g) | |