Joint Stock Company Book Back Questions

11th Standard

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Commerce

Time : 00:45:00 Hrs
Total Marks : 30
    5 x 1 = 5
  1. The relationship between outsiders and the company is defined in ___________

    (a)

    Prospectus

    (b)

    Articles of Association

    (c)

    Memorandum of Association

    (d)

    Certificate of Incorporation

  2. 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

  3. Which of the following is created by a Special Act of Parliament or in State Assemblies?

    (a)

    Chartered company

    (b)

    Foreign company

    (c)

    Government company

    (d)

    Statutory company

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

    (a)

    Creditors

    (b)

    Debtors

    (c)

    Debenture holders

    (d)

    Share holders (members)

  5. Companies established as a result of a charter granted by the King or Queen of a country is called ____________

    (a)

    Chartered companies

    (b)

    Statutory companies

    (c)

    Registered companies

    (d)

    Foreign companies

  6. 3 x 2 = 6
  7. What is meant by Limited liability?

  8. Explain any two characteristics of a company.

  9. What is meant by Chartered Company?

  10. 3 x 3 = 9
  11. What is meant by Private Company?

  12. What is meant by Government Company?

  13. What is meant by Foreign Company?

  14. 2 x 5 = 10
  15. What is meant by Prospectus?

  16. What is meant by Holding and Subsidiary company?

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