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. |
Share premium amount is treated as the __________ capital of a company |
| A. | issued |
| B. | Reserve |
| C. | Subscribe |
| D. | None of the above |
| Answer» C. Subscribe | |
| 2. |
Part of authorized capital which is offered by the company for subscription. |
| A. | Subscribed |
| B. | Issued |
| C. | Un called |
| D. | called up |
| Answer» C. Un called | |
| 3. |
In which of the following stamp duty & consideration not necessary ________ |
| A. | Transfer |
| B. | Transmission |
| C. | Both (a) & (b) |
| D. | None of the above |
| Answer» C. Both (a) & (b) | |
| 4. |
In the absence of a quorum the proceedings of the meeting will be _________ |
| A. | Valid |
| B. | Void |
| C. | Voidable |
| D. | None of the above |
| Answer» C. Voidable | |
| 5. |
No consideration shall be paid by the company in exchange of __________ shares |
| A. | Lien |
| B. | Forfeited |
| C. | Surrender |
| D. | None of the above |
| Answer» D. None of the above | |
| 6. |
Which of the following company can held the AGM on public holiday__________ |
| A. | Public company |
| B. | Private company |
| C. | Govt. company |
| D. | Association not for profits |
| Answer» E. | |
| 7. |
Stamp duty on registration of the company is payable based on _________capital. |
| A. | Nominal |
| B. | Authorised |
| C. | Both a & b |
| D. | None |
| Answer» D. None | |
| 8. |
If anybody wants to file a case against the company they should file at what place_________ |
| A. | Company |
| B. | Registered Office |
| C. | BOD |
| D. | Books of accounts |
| Answer» C. BOD | |
| 9. |
A company to issue sweat equity shares must pass a. |
| A. | Special resolution |
| B. | Ordinary resolution |
| C. | Unanimous resolution |
| D. | None of these |
| Answer» B. Ordinary resolution | |
| 10. |
In the MOA there are 6 clauses. We can alter all clauses expect one clause. What is thatclause? |
| A. | Objects clause |
| B. | Name clause |
| C. | Association clause |
| D. | None of these |
| Answer» D. None of these | |
| 11. |
If as a person is present in more than 1 capacity his presence will be counted as _____ |
| A. | 1 |
| B. | 2 |
| C. | 3 |
| D. | 4 |
| Answer» C. 3 | |
| 12. |
_______ gets all liabilities of original owner |
| A. | Transferor |
| B. | Transferee |
| C. | Endorser |
| D. | Endorsee |
| Answer» C. Endorser | |
| 13. |
In the given below who are not required to hold Statutory General Meeting |
| A. | Private company |
| B. | Government Company |
| C. | Public company |
| D. | Both (a) & (b) |
| Answer» E. | |
| 14. |
How many members should sign the MOA in case of public company ______. |
| A. | 1 |
| B. | 3 |
| C. | 5 |
| D. | 7 |
| Answer» E. | |
| 15. |
_________have fixed denomination |
| A. | Share |
| B. | Stock |
| C. | Both a & b |
| D. | None of the above |
| Answer» B. Stock | |
| 16. |
_______ are the prospectus issued by the issuing house |
| A. | Deemed prospectus |
| B. | Shelf prospectus issued by the issuing house |
| C. | Red herring |
| D. | None of the above |
| Answer» B. Shelf prospectus issued by the issuing house | |
| 17. |
In case of failure to convene the AGM fine is upto Rs._________ |
| A. | 25,000 |
| B. | 50,000 |
| C. | 75,000 |
| D. | 80,000 |
| Answer» C. 75,000 | |
| 18. |
A company not declare dividend at. |
| A. | Statutory meeting |
| B. | Annual general meeting |
| C. | Extra ordinary G.M |
| D. | None of the above |
| Answer» B. Annual general meeting | |
| 19. |
_________ prospectus were issued in order to test the market before finalizing issue size/price. |
| A. | Deemed |
| B. | Shelf |
| C. | Red herring |
| D. | None of the above |
| Answer» D. None of the above | |
| 20. |
_______ years of imprisonment will be imposed in case of issue of prospectus with untruestatements |
| A. | 1 |
| B. | 2 |
| C. | 3 |
| D. | 4 |
| Answer» C. 3 | |
| 21. |
In how many days did the company have its registered office after incorporation |
| A. | 10 |
| B. | 20 |
| C. | 30 |
| D. | 40 |
| Answer» D. 40 | |
| 22. |
EPA_REGULATIONS_GOVERNING_TRANSPORTATION_OF_MATERIALS_MUST_BE_CONSISTENT_WITH______REGULATIONS.?$ |
| A. | DOT |
| B. | CERCLA |
| C. | RCRA |
| D. | NPL |
| Answer» B. CERCLA | |
| 23. |
When was HMT act passed? |
| A. | 1971 |
| B. | 1972 |
| C. | 1973 |
| D. | 1975 |
| Answer» E. | |
| 24. |
Which of the following act improves regulatory and enforcement activities? |
| A. | HMTA |
| B. | DOT |
| C. | ICC |
| D. | NPL |
| Answer» B. DOT | |
| 25. |
When was Department of Transportation established? |
| A. | 1962 |
| B. | 1963 |
| C. | 1965 |
| D. | 1966 |
| Answer» E. | |
| 26. |
When was Interstate Commerce Committee established? |
| A. | 1887 |
| B. | 1888 |
| C. | 1889 |
| D. | 1890 |
| Answer» B. 1888 | |
| 27. |
Which of the following statute made transportation of hazardous materials illegal? |
| A. | 1869 |
| B. | 1870 |
| C. | 1871 |
| D. | 1872 |
| Answer» D. 1872 | |
| 28. |
When was the first law regarding transportation of hazardous materials passed? |
| A. | 1966 |
| B. | 1866 |
| C. | 1855 |
| D. | 1965 |
| Answer» C. 1855 | |
| 29. |
Person engaged in the off-site transportation of the hazardous waste is known as transporter. True or False. |
| A. | True |
| B. | False |
| Answer» B. False | |
| 30. |
Which of the following act regulates transportation of hazardous waste? |
| A. | RCRA |
| B. | CERCLA |
| C. | NEPA |
| D. | NPL |
| Answer» B. CERCLA | |