MCQ on Legal Aspects of Business 6

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Objective Questions and Answers of MBA: MCQ on Legal Aspects of Business 6

Subject: MCQ on Legal Aspects of Business 6

Part 6: List for questions and answers of Legal Aspects of Business

 

Q1.Can sec.25 Companies alter their objects clause

a) Yes

b) No

 

Q2. Sec.25 Companies should pay stamp duty for registering MOA and AOA

a) Yes

b) No

 

Q3.Can a partnership firm become a member of Sec.25 companies

a) Yes

b) No

 

Q4.Every Company needs company secretary. So in the case of sec.25 companies the same is the case. Do you agree with this statement?

a) Agree

b) Disagree

 

Q5.Can a Company hold an AGM on public holiday?

a) Yes

b) No

c) A) and b) are correct

 

Q6.Audit of a public company will be counted for the limit of audits

a) Yes

b) No

 

Q7.Audit of a private company will not be counted for the limit of audits

a) Yes

b) No

 

Q8.Statutory meeting must be held in case of a public company

a) Yes

b) No

 

Q9.Statutory meeting must be held in case of a private company

a) Yes

b) No

 

Q10.Private company can allot shares without receiving minimum subscription?

a) Yes

b) No

 

Q11.Public company can allot shares without receiving minimum subscription?

a) Yes

b) No

 

Q12.For every special resolution passed the form attached should be

a) Form no.32

b) Form no.18

c) Form no.23

d) None of these

 

Q13.NCLT came into force instead of company Law Board from

a) June 4th

b) May 4th

c) June 5th

d) None of these 

 

Q14.In the process of conversion of a private company into a public company which prospectus must be issued

a) Deemed prospectus

b) Shelf prospectus

c) Statement in lieu of prospectus

d) None of the above

 

Q15.Company should file a prospectus in case of conversion of private company into a public company with in __________ from the date of resolution

a) 30 days

b) 45 days

c) 60 days

d) None of these

 

Q16.How many members should sign the MOA in case of public company

a) 1

b) 3

c) 5

d) 7

 

Q17.How many members should sign the MOA in case of private company

a) 1

b) 2

c) 3

d) 4

 

Q18.In case of appointment of Directors ______ form is to be filed

a) 29

b) 32

c) 18

d) 1

 

Q19.______ is the conclusive evidence in case of company that statutory requirements have complied with

a) Certificate of Incorporation

b) Certificate of commencement of Business

c) Both

d) None of the above 

 

Q20.Private company can start its business immediately after the issue of

a) Certificate of commencement of Business

b) Certificate of Incorporation

c) Both

d) None of the above

 

Part 6: List for questions and answers of Legal Aspects of Business

 

Q1. Answer:b

Q2. Answer:b

Q3. Answer:a

Q4. Answer:b

Q5. Answer:b

Q6. Answer:a

Q7. Answer:b

Q8. Answer:a

Q9. Answer:b

Q10. Answer:a

Q11. Answer:b

Q12. Answer:c

Q13. Answer:a

Q14. Answer:c

Q15. Answer:a

Q16. Answer:d

Q17. Answer:b

Q18. Answer:a

Q19. Answer:a

Q20. Answer:b