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12th Standard Commerce Company Management English Medium Free Online Test One Mark Questions 2020 - 2021

12th 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. A person Shall hold office as a director in ___________companies as per the Companies Act, 2013.

    (a)

    5 companies

    (b)

    10 companies

    (c)

    20 companies

    (d)

    15 companies

  2. A Public Company having a paid up Share Capital of Rs._________ or more may have a Director, elected by such small shareholders.

    (a)

    One crore

    (b)

    Three crores

    (c)

    Five crores

    (d)

    Seven crores

  3. Which director need not hold qualifying shares.

    (a)

    Directors appointed to Central Government

    (b)

    Directors appointed to Shareholders

    (c)

    Directors appointed to Managing Director

    (d)

    Directors appointed to Board of Directors

  4. According to Companies Act, the Directors must be appointed by the _______.

    (a)

    Central Government

    (b)

    Company Law Tribunal

    (c)

    Company in General Meeting

    (d)

    Board of Directors

  5. The group of human beings who undertake the responsibility to run the business of the company are known as

    (a)

    Board of Directors

    (b)

    Shareholders

    (c)

    Debenture holders

    (d)

    None of these

  6. The directors are expected to act in

    (a)

    utmost care

    (b)

    good faith

    (c)

    delegate work

    (d)

    none of these

  7. The alternative director is not a representative or agent of

    (a)

    Original director

    (b)

    Shadow director

    (c)

    Additional director

    (d)

    Nominee director

  8. The power of the company to borrow is exercised by its

    (a)

    directors

    (b)

    members

    (c)

    shareholders

    (d)

    manager

  9. Disqualifications of a director are mentioned in section

    (a)

    164

    (b)

    161

    (c)

    168

    (d)

    177

  10. The first auditor of a company are appointed by

    (a)

    Board of directors

    (b)

    Members

    (c)

    Central government

    (d)

    State government

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