commerce quiz, joint stock company and general
TRANSCRIPT
BY : RICHARD’S
COMMERCE
Which of the following came up as a result of drawback in a partnership?
SOLE PROPRIETORSHIP
JOINT STOCK COMPANY
PARTNER SHIP
ALL OF THE GIVEN OPTIONS
A GOVERNMENT COMPANY IS ONE IN WHICH THE GOVERNMENY HOLDS…
ATLEAST 51% PAID UP CAPITAL
ATLEAST 51% PAID UP CAPITAL
ATLEAST 25% PAID UP CAPITAL
ATLEAST 50% PAID-UP CAPITAL
ALL OF THE ABOVE
“a company is an artificial person created by law, having a separate
legal entity , with a perpetual succession & a common seal” Who gave this
definition?
JUSTICE JAMES
JAMES STEPHENSON
L.H.HANEY
CHIEF JUSTICE MARSHALL
Statutory meeting is the meeting of the members of the public limited
company…HELD
ONLY ONCE IN LIFE OF A PUBLIC LTD
CO.
EVERY YEAR
ONCE IN 6 MONTHS
ONCE IN 5 YEARS
Which company out of the four does not fall in the categorY
of
company on the basis of extent of ownership and control
HOLDING COMPANY
MULTI NATIONAL COMPANY
SUBSIDIARY COMPANY
GOVERNMENT COMPANY
What is the liability of the Director if he submits a false statement with
a fraudulent intention
RS 50,000+2 YEARS JAIL
RS 1,00,000+5 YEARS JAIL
RS 10,OOO + 5 YEARS JAIL
RS 5,00,00 + 5 YEARS JAIL
RS 1,00,000 + 5 YEARS JAIL
FULL NAME OF STEVE JOBS IS….
STEVE JOBS
STEVE NEOL JOBS
STEVEN PAUL JOBS
STEVE PAUL JOBS
REAL NAME OF DHIRU BHAI AMBANI IS…
DHIRAJLAL HARICHAND AMBANI
DHIRU AMBANI
DHIRAJLAL HIRACHAND AMBANI
DHIRAJLAL CHAND AMBANI
CANNOT COMMENCE
ITS OPERATIONS UNTIL IT OBTAINS
******** IN ADDITION TO THE *********
CERTICATE OF INCORPORATION & COMMENCEMENT
What are the least numbers of Directors required in a public company?
2
7
3
5
‘ultra vires’ in a company means
Any act beyond the powers mentioned in the prospectus
Any act beyond the powers mentioned in memorandum
Any act beyond the powers mentioned in articles
It includes all the above options
ANY ACT BEYOND THE POWERS MENTIONED IN MEMORANDUM
Which company has a minimum paid –up capital 5 lakh rupees
Government company
Public company
Private company
It includes all the above options
PUBLIC COMPANY
Number of minimum members in a Public limited company are
2
7
11
5
SEVEN
Which Business does not dissolve by the death, insolvency and lunacy of members
Sole proprietorship
Joint Stock company
partnership
It includes all the above options
JOINT STOCK COMPANY
Name the company incorporated under the Companies Act 1956 but may have for
shareholders. Multinational company
Foreign company
Indian company
It includes all the above options
INDIAN COMPANY
Which is the company classified on the basis of Mode or incorporation
Chartered
Statutory
Registered
It includes all the above options
ALL THE ABOVE OPTIONS
Which company has a minimum paid –up capital 5 lakh rupees
Government company
Public company
Private company
It includes all the above options
PUBLIC COMPANY
Hindustan machine Tools is an example of…
Government company
Public company
Private company
It includes none of the options given above s
GOVERNMENT COMPANY
Hindustan machine Tools is an example of…
Commence the business after getting certificate of commencement
Commence the business after getting registration
Commence business only after getting both certificate of commencement and certificate of incorporation
Commence the business after getting certificate of Incorporation
CERTIFICATE OF INCORPORATION
A Private company can:
After getting certificate of incorporation
Reserve Bank of INDIA is an example of…
Registered companies
Statutory companies
Chartered companies
Private companies
STATUTORY COMPANIES
In which company the liability of the member is limited up to the face value of the shares held
Sole trader
Partnership
Company
None of the above options
COMPANY
Which is the company classified on the basis of Mode or incorporation
Chartered
Statutory
Registered
It includes all the above options
ALL THE ABOVE OPTIONS
Correct the definition A company is an artificial person, created
by an agreement, having no entity, with a perpetual succession and a common seal
A company is an artificial person, created by law, having a separate entity, with a perpetual succession
and a common seal
Partnership is governed by The Partnership Act of 1956
The Partnership Act of 1932
The Partnership Act of 1942
The Partnership Act of 1932
If the minimum subscription is not received 120 days of the issue of prospectus the amount received on
applications must be returned within..
20 days
10 days
15 days
25 days
I D E N T I F Y
DAUGHTERS OF BILL GATES. WHAT ARE THEIR NAMES?
LATE STEVE JOB’S DAUGHTER
IDENTIFY ANY ONE LAURENE POWELL
JOBS
AKASH AMBANI
