Business Law (MCQs) Set-3

Categories: EDUCATION

Q.21. The procedure for change of registered office from one city to another within the state is by passing _______

1. Special resolution only
2. Ordinary resolution only
3. Special resolution and approval of central government
4. Ordinary resolution and approval of company law board

Answer: (A) Special resolution only

Q.22. The forms of articles of association are given in tables ______ is schedule I of the companies Act 1956

1. A,C,D&E
2. B,C,D&E
3. B,A,C&E
4. B,D&E

Answer: (A) A,C,D&E

Q.23. According to sec.225, the directors should be appointed in he ______

1. Office of the Registrar
2. General Meeting
3. Company
4. Share holders

Answer: (B) General Meeting

Q.24. Directors are ______ of he powers conferred on then and they must exercise those powers bonafide and for the benefit of the company.

1. Trustee
2. Management
3. Representative
4. None of the above

Answer: (A) Trustee

Q.25. The quorum for a meeting of the board of directors shall be ______of its total strength or 2 directors whichever is higher.

1. 3
2. ½
3. ¼
4. 1/3

Answer: (D) 1/3

Q.26. ______ can be imposed on directors for non-compliance of requirements ‘of companies Act

1. Penalty
2. Fine
3. Statutory penalty
4. Criminal liability

Answer: (B) Fine

Q.27. _____ is the first general meeting of the share holders of a public company

1. Extra ordinary meeting
2. Class meeting
3. General meeting
4. Statutory meeting.

Answer: (D) Statutory meeting.

Q.28. _____ called for dealing with some urgent special business which cannot e postponed till the next annual general meeting.

1. Extra ordinary general meeting
2. Ordinary general meeting
3. Class meeting
4. None of the above.

Answer: (A) Extra ordinary general meeting

Q.29. _____ refers to the instrument by which a person is appointed to act for another at a meeting of the company.

1. Proxy
2. Quorum
3. Motion
4. None of the above

Answer: (A) Proxy

Q.30. Winding up by the order of Tribunal is ______

1. Voluntary winding up
2. Compulsory winding up
3. Winding up
4. All the above.

Answer: (B) Compulsory winding up