MBA/MBA Business Law Mcq Set 8 Sample Test,Sample questions

Question:
A company is the creation of ______

1.Common seal

2.Law

3.Share capital

4.Members


Question:
A elected director can be terminated by the

1.Company

2.High Court

3.State Government

4.Central Government


Question:
A foreigner can become a member of a company registered in India but permission of

1.SEBI

2.High Court

3.RBI

4.Supreme court


Question:
A managing Director can be appointed for a maximum period of ______

1.2 years

2.10 years

3.3 years

4.5 years


Question:
A past member can also be placed on the list of contributories of he has ceased to be a member within _____

1.3 years before the commencement of the winding up

2.2 years before the commencement of the winding up

3.18 months before the commencement of the winding up

4.12 months before the commencement of the winding up


Question:
A person who completed 15th year and below 18 year

1.Audit

2.Adolescent

3.Minor

4.Young person


Question:
A Public company May issue a prospectus called _____

1.Red herring Prospectus

2.Shelf prospectus

3.A bridged prospectus

4.Deemed prospectus


Question:
A Statutory company is one which incorporated by

1.An Act of Parliament

2.By an Act of state legislature

3.Under the companies Act,1956

4.By either a or b.


Question:
A unique feature of trade mark is its ________

1.Corporality

2.Perpetual life

3.Degeneration

4.Industrialism


Question:
A ________ is a document but invites the public to subscribe for share and debentures

1.Memorandum

2.Articles

3.Prospectus

4.Certificate


Question:
Articles of Association are not required to be registered in case of ______

1.An unlimited Company

2.A company limited by guarantee

3.A public company limited by shares.

4.A private company limited by shares.


Question:
Corporal property is ______

1.Equable

2.Visible

3.Tangible

4.Flexible


Question:
Corporal refer to _______

1.Possession

2.Ownership

3.Building

4.Computer


Question:
East India Company is an example of ______________ company

1.Chartered

2.Statutory

3.Registered

4.Foreign.


Question:
For meeting may be adjourned by ______________ circumstances

1.Quorum is not present

2.Lack of information

3.Balance sheet is not present

4.None of the above


Question:
If a public company limited by shares does not register its own articles _____ apply

1.Table C

2.Table B

3.Table A

4.Table D


Question:
If the Articles of a company conflict with the memorandum.

1.The articles shall prevail

2.The memorandum shall prevail

3.The directors will resolve the conflict

4.The court will resolve the conflict.


Question:
In members voluntary winding up control of winding up in the hands of the ______

1.Creditors

2.Members

3.Company

4.Directors


Question:
Minimum _______ persons to constitute a public limited company.

1.7

2.10

3.2

4.5


Question:
Notice of the registered office of the company shall be given to the registration of companies within _____

1.45 days

2.30 days

3.15 days

4.60 days


Question:
RBI is an example of ______________ company

1.Charted

2.Statutory

3.Licenced

4.Registered


Question:
Sec.25 related to _______ companies

1.Holding

2.Licensed

3.Subsidiary

4.Existing


Question:
Section 10 provides for the appointment of ______

1.Inspector

2.Adult

3.Certifying surgeon

4.Adolescent


Question:
Shares can be freely transferable in ______

1.Public company

2.Private company

3.Registered company

4.Government company


Question:
Statutory companies are those incorporated under a special act passed by ______

1.Companies Act

2.Parliament

3.Special resolution

4.Law


Question:
The annual return should be filed by a company with the Registrar within the date of the annual general meeting of the company.

1.40

2.60

3.30

4.50


Question:
The board shall meet at least four time a year, with a maximum times gap of ______ between any two meetings

1.6 months

2.3 months

3.2 months

4.4 months


Question:
The company is dissolved when the tribunal passes in order of dissolution and the Tribunal shelf pass such order _____

1.When the affairs of the company have been completely wound up

2.Immediately after the winding up order

3.At the instance of Central government

4.At the distance of company law Board.


Question:
The exception to the doctrine of constructive notice is provided in ______

1.Lifting the corporate veil

2.Doctrine of indoor management

3.Doctrine of ultra virus

4.None of these


Question:
The history of the Indian Company Law began in the year of

1.1850

2.1850

3.1913

4.1956


Question:
The maximum remuneration paid to a manager cannot exceed _______ percent of the annual net profit

1.10%

2.5%

3.15%

4.25%


Question:
The most clause in the memorandum of Association of a company is _____

1.Name clause

2.Objects clause

3.Registered Office Clause.

4.Liability clause


Question:
The person of group who being a company into existence are called ______

1.A firm

2.Incorporation

3.Promoters

4.promotion


Question:
The power to order rectification of register of members vests in the _____

1.Court

2.Tribunal

3.Central Government

4.Board of directors


Question:
The statement in lieu of prospectus must be filed with the Registrar at least ______________ days before any allotment of shares is made.

1.15

2.30

3.6

4.3


Question:
The time gap between two Annual Meeting should not exceed _____

1.6 months

2.12 months

3.8 months

4.15 months.


Question:
The winding up of the company can only be done by the process of ______

1.Dissolution of partnership

2.General meeting

3.Law

4.Management


Question:
Voting in a company meeting can be through

1.Ballot

2.Raising hands

3.Raising votes

4.All of these.


Question:
When one company controls the management of another company, the format is called a ________ company

1.Existing

2.Holding

3.Subsidiary

4.Licensed


Question:
Which Doctrine seeks to promote the company from the outsiders?

1.The doctrine of indoor management

2.The doctrine of Ultra virus

3.The doctrine of constructive notice

4.None of these.


Question:
_____ is a person who holds the shares for the benefit persons

1.Trustee

2.Member

3.Shareholder

4.Company


Question:
______ is a decision on the proposal

1.Quorum

2.Proxy

3.Motion

4.Resolution


Question:
______ is a manufacturing process

1.Railway running shed

2.Existing films

3.Making of Bidi

4.Mere-storage of salable articles in refrigerator.


Question:
_______ is compulsory for unlimited companies, private companies limited by guarantee.

1.Memorandum of association

2.Articles of Association

3.Prospectus

4.Statement in lieu


Question:
_______ lays down the modes in which the objects of the company are to be carried out by the members.

1.Statement in lieu

2.Prospectus

3.Memorandum of Association

4.Articles of association


Question:
________ is a kind of industrial property which can be purchased

1.Trade mark

2.Collective mark

3.Patent

4.ISI mark


Question:
________ is the executive authority of the company

1.Partners

2.Shareholders

3.Board of Directors

4.Expert


Question:
________ is the resolution which is passed at validly called general meeting, by simple majority of the members.

1.Special resolution

2.Resolution by postal ballot

3.Ordinary resolution

4.Resolution requiring special notice.


Question:
_________ can be passed by the support of three fourth majority a share holders who are present and entitle to vote at a meeting.

1.Special resolution

2.Ordinary resolution

3.Both A and B

4.None of these.


Question:
___________ is the official records of the meeting of the company

1.Quorum

2.Register

3.Report

4.Minute


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  56. MBA Business Environment MCQ Set 1
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  60. MBA Business Environment MCQ Set 5
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  68. MBA Business Law Mcq Set 3
  69. MBA Business Law Mcq Set 4
  70. MBA Business Law Mcq Set 5
  71. MBA Business Law Mcq Set 6
  72. MBA Business Law Mcq Set 7
  73. MBA Business Law Mcq Set 8
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  90. MBA Cost and Managerial Accounting Mcq Set 3
  91. MBA Cost and Managerial Accounting Mcq Set 4
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  94. MBA Cost and Managerial Accounting Mcq Set 7
  95. MBA Cost and Managerial Accounting Mcq Set 8
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  100. MBA E-Business MCQ Set 2
  101. MBA E-Business MCQ Set 3
  102. MBA E-Business MCQ Set 4
  103. MBA English Language MCQ Set 1
  104. MBA English Language MCQ Set 2
  105. MBA Entrepreneurship Management MCQ Set 1
  106. MBA Entrepreneurship Management MCQ Set 2
  107. MBA Entrepreneurship Management MCQ Set 3
  108. MBA Entrepreneurship Management MCQ Set 4
  109. MBA Entrepreneurship Management MCQ Set 5
  110. MBA Entrepreneurship Management MCQ Set 6
  111. MBA Financial Management MCQ Set 1
  112. MBA Financial Management MCQ Set 2
  113. MBA Financial Management MCQ Set 3
  114. MBA Financial Management MCQ Set 4
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  116. MBA Financial Management MCQ Set 6
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  118. MBA Financial Management MCQ Set 8
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  123. MBA Human Resource Management Mcq Set 1
  124. MBA Human Resource Management Mcq Set 2
  125. MBA Human Resource Management Mcq Set 3
  126. MBA Human Resource Management Mcq Set 4
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  131. MBA Insurance and Risk Management Mcq Set 1
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  139. MBA Management Information Systems Mcq Set 3
  140. MBA Management Information Systems Mcq Set 4
  141. MBA Management Information Systems Mcq Set 5
  142. MBA Management Information Systems Mcq Set 6
  143. MBA Management Information Systems Mcq Set 7
  144. MBA Management Information Systems Mcq Set 8
  145. MBA Management Information Systems Mcq Set 9
  146. MBA Marketing Management Mcq Set 1
  147. MBA Marketing Management Mcq Set 2
  148. MBA Marketing Management Mcq Set 3
  149. MBA Marketing Management Mcq Set 4
  150. MBA Marketing Management Mcq Set 5
  151. MBA Marketing Management Mcq Set 6
  152. MBA Marketing Management Mcq Set 7
  153. MBA Marketing Management Mcq Set 8
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