Business Law Online MCQ Set 16

QN01. ______________ is a kind of industrial property which can be purchased

  1. Trade mark
  2. Collective mark
  3. Patent
  4. ISI mark
Answer

(C)Patent

QN02. 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
Answer

(B)30 days

QN03. RBI is an example of ______________ company

  1. Charted
  2. Statutory
  3. Licenced
  4. Registered
Answer

(B)Statutory

QN04. Voting in a company meeting can be through

  1. Ballot
  2. Raising hands
  3. Raising votes
  4. All of these.
Answer

(D)All of these.

QN05. 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
Answer

(C)Law

QN06. A ______________ is a document but invites the public to subscribe for share and debentures

  1. Memorandum
  2. Articles
  3. Prospectus
  4. Certificate
Answer

(C)Prospectus

QN07. The person of group who being a company into existence are called ______________

  1. A firm
  2. Incorporation
  3. Promoters
  4. Promotion
Answer

(C)Promoters

QN08. 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
Answer

(C)Table A

QN09. The power to order rectification of register of members vests in the ______________

  1. Court
  2. Tribunal
  3. Central Government
  4. Board of directors
Answer

(B)Tribunal

QN10. 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.
Answer

(D)By either a or b.

QN11. ______________ 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.
Answer

(C)Both A and B

QN12. 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
Answer

(C)RBI

QN13. A elected director can be terminated by the

  1. Company
  2. High Court
  3. State Government
  4. Central Government
Answer

(D)Central Government

QN14. ______________ is a manufacturing process

  1. Railway running shed
  2. Existing films
  3. Making of Bidi
  4. Mere-storage of salable articles in refrigerator.
Answer

(C)Making of Bidi

QN15. ______________ is a decision on the proposal

  1. Quorum
  2. Proxy
  3. Motion
  4. Resolution
Answer

(D)Resolution

QN16. Section 10 provides for the appointment of ______________

  1. Inspector
  2. Adult
  3. Certifying surgeon
  4. Adolescent
Answer

(C)Certifying surgeon

QN17. A proxy can vote only in case of ______________

  1. Vote
  2. Poll
  3. Election
  4. None of these.
Answer

(B)Poll

QN18. ______________ are the true owners of the company.

  1. Members
  2. Investors
  3. Directors
  4. Share holders
Answer

(D)Share holders

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