Corporate and Other Laws

CA FINAL CORPORATE AND ECONOMIC LAW – CHAPTER 3: MEETINGS OF BOARD AND ITS POWERS

CA INTER LAW – Chapter 1 – PRELIMINARY

CA INTER LAW – Chapter 1 : INDIAN CONTRACT ACT 1872 – Set I

CA INTER LAW – Chapter 1 : INDIAN CONTRACT ACT 1872 – Set II

CA INTER LAW – Chapter 2 : THE GENERAL CLAUSES ACT ,1897

CA INTER LAW – Chapter 2 : NEGOTIABLE INSTRUMENT ACT 1881 – Set I

CA INTER LAW – Chapter 2 : NEGOTIABLE INSTRUMENT ACT 1881 – Set II

CA INTER LAW – Chapter 3 : PROSPECTUS AND ALLOTMENT OF SECURITIES

CA INTER LAW – Chapter 4 : INTERPRETATION OF STATUTES

CA INTER LAW – Chapter 4 : SHARE CAPITAL & DEBENTURES

CA INTER LAW – Chapter 5 : ACCEPTANCE OF DEPOSITS

CA INTER LAW – Chapter 7 : Management and Administration – Set I

CA INTER LAW – Chapter 7 : Management and Administration – Set II

CA INTER LAW – Chapter 7 : Management and Administration – Set III

CA INTER LAW – Chapter 8 : Declaration and Payment of Dividend

CA INTER LAW – Chapter 9 : Accounts of Company-1

CA INTER LAW – Chapter 10 : AUDIT AND AUDITORS-1

CA Inter Law – Preliminary MCQs Set I

CA Inter Law – Preliminary MCQs Set II

CA Inter Law – Incorporation of Company and Matters Incidental Thereto MCQs Set I

CA Inter Law – Incorporation of Company and Matters Incidental Thereto MCQs Set II

CA Inter Law – Prospectus and Allotment of Securities MCQs Set I

CA Inter Law – Prospectus and Allotment of Securities MCQs Set II

CA Inter Law – Share capital and debentures MCQs Set I

CA Inter Law – Share capital and debentures MCQs Set II

CA Inter Law – Share capital and debentures MCQs Set III

CA Inter Law – Share capital and debentures MCQs Set IV

CA Inter Law – Acceptance of deposits by Companies MCQs

CA Inter Law – Registration of Charges MCQs

CA Inter Law – Declaration and Payment of Dividend MCQs

CA Inter Law – Accounts of Companies MCQs Set I

CA Inter Law – Accounts of Companies MCQs Set II

CA Inter Corporate & Other laws MCQs Set I

CA Inter Corporate & Other laws MCQs Set II

CA Inter Law – Preliminary MCQs Set I

Corporate and Other Laws CA Inter Law – Preliminary MCQs Set I

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Question 1 of 37

1. Question
Definition of company is given u/s ______________
- 2(1)
- 2(2)
- 2(20)
- 2(50)
Correct

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Question 2 of 37

2. Question
Company is _______________
- Artificial person
- Invisible
- Intangible
- All of the above
Correct

Incorrect
Question 3 of 37

3. Question
A company is a _______________
- Mixture of persons
- Association of person
- Both a and b
- None
Correct

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Question 4 of 37

4. Question
Not every association of person is “company”, only those association of person is company which is registered under __________________
- Companies act
- Association of person act
- SEBI act
- RBI act
Correct

Incorrect
Question 5 of 37

5. Question
Company is –
i.             Natural person
ii.           Artificial person
iii.          Fictitious person
iv.          Association of person
- (i)
- (i) and (iv)
- (ii) and (iv)
- (i), (iii), (iv)
Correct

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Question 6 of 37

6. Question
Common seal is a ______________of the company.
- Goodwill of company
- Official signature
- Letter head
- Postal address
Correct

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Question 7 of 37

7. Question
In private company, right to transfer shares is ______________ and in public company it is ______________
- Freely transferable, restricted
- Restricted, freely transferable
- By passing OR, by passing SR
- None
Correct

Incorrect
Question 8 of 37

8. Question
Ultimate control of company is with ____________
- Directors
- Government
- Members
- SEBI
Correct

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Question 9 of 37

9. Question
Directors are appointed as well as removed by –
- Government
- Sebi
- Members
- Board
Correct

Incorrect
Question 10 of 37

10. Question
Company can own the properties in the name of _____________
- Its Members
- In its own name
- Its Board of directors
- General public
Correct

Incorrect
Question 11 of 37

11. Question
Which of the following statement is incorrect
- Company can sue others and be sued by others in its own name
- Company has rights and liabilities of its own
- Company can work by its own
- Company can own properties on its own name
Correct

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Question 12 of 37

12. Question
A person can be member, director, employee and creditor of the company at the same time. This statement is –
- True
- Completely incorrect
- Partially incorrect
- Depends
Correct

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Question 13 of 37

13. Question
On the basis of size, company is classified in how many parts?
- 2
- 3
- 5
- 4
Correct

Incorrect
Question 14 of 37

14. Question
On the basis of liability, company is classified in how many parts?
- 2
- 3
- 5
- 4
Correct

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Question 15 of 37

15. Question
On the basis of control, company is classified in how many parts?
- 2
- 3
- 5
- 4
Correct

Incorrect
Question 16 of 37

16. Question
On the basis of listing of shares on the stock exchange, company is classified in how many parts?
- 2
- 3
- 5
- 4
Correct

Incorrect
Question 17 of 37

17. Question
Private company is defined u/s _________
- 2(20)
- 2(60)
- 2(68)
- 2(70)
Correct

Incorrect
Question 18 of 37

18. Question
Private company is a company, which by its articles has
- Restriction in right to transfer shares
- Limit in number of members i.e., 200
- Prohibition in making public offer
- All of the above
Correct

Incorrect
Question 19 of 37

19. Question
While counting number of members, ________________ will be taken care of
- When 2 or more persons jointly hold shares, it will be counted as 1
- Employees shall not be counted
- Ex-employees shall not be counted
- All of the above
Correct

Incorrect
Question 20 of 37

20. Question
Transfer of shares in case of private company is ____________
- Prohibited
- restricted
- both a and b
- can’t say
Correct

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Question 21 of 37

21. Question
every private company shall have such minimum share capital as prescribed by ______________
- SEBI
- CG
- Articles
- Memorandum
Correct

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Question 22 of 37

22. Question
Subsidiary of a public company, shall be deemed to have been _________________
- Private company
- Public company
- Govt company
- Both a and b
Correct

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Question 23 of 37

23. Question
Definition of public company is given u/s _____________
- 2(68)
- 2(70)
- 2(71)
- 2(69)
Correct

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Question 24 of 37

24. Question
every public company shall have such minimum share capital as prescribed by ______________
- SEBI
- CG
- Articles
- Memorandum
Correct

Incorrect
Question 25 of 37

25. Question
OPC is defined u/s____________
- 2(71)
- 2(68)
- 2(62)
- 2(69)
Correct

Incorrect
Question 26 of 37

26. Question
OPC is __________ company.
- Public company
- Private company
- Subsidiary company
- Holding company
Correct

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Question 27 of 37

27. Question
If company proposed to be a OPC, memorandum must be subscribed by ___________person
- 2
- 1
- 10
- 7
Correct

Incorrect
Question 28 of 37

28. Question
Every private company shall have minimum ____________ members
- 1
- 2
- 3
- 7
Correct

Incorrect
Question 29 of 37

29. Question
Every OPC shall mention word “OPC” at ___________
- In bracket
- Below the name
- Both a and b
- Either a or b
Correct

Incorrect
Question 30 of 37

30. Question
What is minimum and maximum number of members in case of OPC?
- 1,2
- 2,200
- 7, unlimited
- 1,1
Correct

Incorrect
Question 31 of 37

31. Question
Definition of small company is given u/s ______________.
- 2(70)
- 2(85)
- 2(95)
- 2(80)
Correct

Incorrect
Question 32 of 37

32. Question
A company is small company if ____________
- Paid up share capital does not exceed 50 Lakhs
- Turn over does not exceed 2 crores
- Both a and b
- Either a or b
Correct

Incorrect
Question 33 of 37

33. Question
A company can’t be a small company if it is a ___________
i.             Public company
ii.           Holding company
iii.          Subsidiary company
iv.          Section – 8 company
v.            Company governed by any other act
- (i)
- (I) to (iV)
- (v)
- All of the above
Correct

Incorrect
Question 34 of 37

34. Question
Company limited by shares is defined u/s ______________
- 2(21)
- 2(22)
- 2(92
- 2(93)
Correct

Incorrect
Question 35 of 37

35. Question
Company limited by shares means a company, having limited liability of members by the _________________
- Articles
- Memorandum
- CG
- Registrar
Correct

Incorrect
Question 36 of 37

36. Question
Company limited by shares is defined u/s ______________
- 2(21)
- 2(22)
- 2(92
- 2(93)
Correct

Incorrect
Question 37 of 37

37. Question
Unlimited liability company is defined u/s _______________
- 2(21)
- 2(22)
- 2(92)
- 2(93)
Correct

Incorrect

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