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11th Standard Commerce Joint Stock Company English Medium Free Online Test One Mark Questions 2020 - 2021

11th Standard

    Reg.No. :
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Commerce

Time : 00:10:00 Hrs
Total Marks : 10

    Answer all the questions

    10 x 1 = 10
  1. Table A of the Companies Act is a __________

    (a)

    Model minutes book

    (b)

    Model form of Balance Sheet

    (c)

    Model of AOA

    (d)

    Model of MOA

  2. The Board of directors of a company is elected by _________

    (a)

    Creditors

    (b)

    Debtors

    (c)

    Debenture holders

    (d)

    Share holders (members)

  3. __________ in a Company are freely transferable.

    (a)

    Members

    (b)

    Shares

    (c)

    Both

    (d)

    None of these

  4. ________ companies are established by the King or Queen of a Country.

    (a)

    Chartered

    (b)

    Statutory

    (c)

    Public

    (d)

    Private

  5. A Private Limited Company can be formed in ___________ variations.

    (a)

    2

    (b)

    3

    (c)

    4

    (d)

    5

  6. Management of a Company is entrusted to ______________.

    (a)

    Group of Experts

    (b)

    the board of directors

    (c)

    Government norms

    (d)

    None of these

  7. Domestic Companies are those that have been registered under the ____________

    (a)

    Companies Act of 1956 or Earlier Acts

    (b)

    Partnership Act

    (c)

    Indian Regulations Act

    (d)

    None of these

  8. _________ companies can exercise more than 50% of the total voting power of the later.

    (a)

    Domestic

    (b)

    Foreign

    (c)

    Holding and Subsidiary

    (d)

    Government

  9. Which of the following documents define the activities of a company?

    (a)

    Memorandum of Association

    (b)

    Articles of Association

    (c)

    Prospectus

    (d)

    Statutory Declaration

  10. If the liability of the members is unlimited, Such companies are called ________

    (a)

    Chartered companies

    (b)

    Statutory companies

    (c)

    Registered companies

    (d)

    Unlimited companies

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