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12th Standard Commerce Company Management English Medium Free Online Test One Mark Questions with Answer Key 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. Which ____________ Director is appointed by a Financial institution

    (a)

    Nominee

    (b)

    Additional

    (c)

    Women

    (d)

    Shadow

  2. Under the Companies Act, which one of the following powers can be exercised by the Board of Directors?

    (a)

    Power to sell the company's undertakings

    (b)

    Power to make call

    (c)

    Power to borrow money in excess of the paid up capital

    (d)

    Power to reappoint an auditor

  3. What is the statue of Directors who regulate money of the company?

    (a)

    Banker

    (b)

    Holder

    (c)

    Agent

    (d)

    Trustees

  4. The Board of Directors can exercise the power to appoint directors in the case of

    (a)

    Additional Directors

    (b)

    Filling up the Casual vacancy

    (c)

    Alternate Directors

    (d)

    All the above

  5. The overall performance of any company is vested with the

    (a)

    debenture holders

    (b)

    directors

    (c)

    Both 'a' and 'b'

    (d)

    None of these

  6. The directors should conduct their work with

    (a)

    good faith

    (b)

    utmost care

    (c)

    delegate work

    (d)

    None of these

  7. The Governing body of a company incorporated under companies Act called

    (a)

    Board

    (b)

    Policy

    (c)

    MOA

    (d)

    AOA

  8. Public companies which have Turnover

    (a)

    25 Crores

    (b)

    50 Crores

    (c)

    75 Crores

    (d)

    100 Crores or more

  9. According to provisions of the act the borrowings of the company does not exceed

    (a)

    total paid up share capital

    (b)

    total free reserves

    (c)

    authorised captial

    (d)

    total paid up capital and free reserves

  10. Which of the following is not the specific powers of the directors?

    (a)

    to make calls on shares

    (b)

    to borrow moneys

    (c)

    to issue debentures

    (d)

    to sell part of the undertaking

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